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PRIMESERV GROUP LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT                       
Primeserv Group Limited                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/013448/06)                                            
(`Primeserv` or `the company`)                                                  
Share code: PMV      ISIN:  ZAE000039277                                        
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcements dated 28 July 2004, 8 September 2004 and
27 September 2004 shareholders of Primeserv are advised that Primeserv is still 
in the final stages of BEE negotiations, which if successfully concluded may    
have an effect on the price of the company`s securities.                        
Accordingly, shareholders are advised to continue to exercise caution when      
dealing in the company`s securities until a further announcement is made.       
Sandton                                                                         
10 November 2004                                                                
Sponsor                                                                         
Deloitte & Touche Sponsor Services (Pty) Ltd                                    
(Registration number 1996/000034/07)

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