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Fri 29 Oct 2004, 17:39 Barnard Jacobs Mellet Holdings Limited - Trading U
Barnard Jacobs Mellet Holdings Limited - Trading Update                         
BARNARD JACOBS MELLET HOLDINGS LIMITED                                          
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1995/004798/06)                                            
Share code : BJM                                                                
ISIN :ZAE000014262                                                              
(`BJM`)                                                                         
TRADING UPDATE                                                                  
Shareholders are advised that the Group`s earnings and headline earnings per    
share for the six months ended 30 September 2004 will be substantially          
(`substantially` equating to more than 30% as defined in the Listings           
Requirements of the JSE Securities Exchange South Africa (`JSE`)) below the R736
000 earnings reported during the comparative period. It should be noted that    
this trading update is not attributable to the operating performance of the     
Group, but rather to the impact of AC133 and other non-recurring exceptional    
items.                                                                          
The Group`s earnings and headline earnings per share for the six months ended 30
September 2004 have not been reviewed and/or reported on by the Group`s auditors
and accordingly, shareholders are advised to exercise caution when dealing in   
the company`s securities on the JSE until the interim results for the six months
ended 30 September 2004 are published on or about 15 November 2004.             
Johannesburg                                                                    
29 October 2004                                                                 
Sponsors:                                                                       
Deloitte & Touche Sponsor Services (Pty) Limited                                
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
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