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Wed 24 Nov 2004, 17:42 Trading Statement
Sekunjalo Investments Limited - Trading Statement                               
Sekunjalo Investments Limited                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/006093/06)                                            
Share code: SKJ   ISIN: ZAE000017893                                            
(`Sekunjalo` or `the Company`)                                                  
TRADING STATEMENT                                                               
Sekunjalo shareholders are advised that it is expected that headline earnings   
per share and earnings per share for the year ended 31 August 2004 will be      
substantially (substantially being in excess of 30% as defined in the JSE       
Securities Exchange South Africa Listings Requirements) lower than that of the  
previous comparative period.                                                    
The above information has not been reviewed or reported on by the Company`s     
auditors. Further details of the above will be provided when Sekunjalo`s results
for the year ended 31 August 2004 are published on or about Monday, 29 November 
2004.                                                                           
Cape Town                                                                       
24 November 2004                                                                
Sponsor                                                                         
Nedbank Capital
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