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Peermont Global Limited - Cautionary Announcement                               
PEERMONT GLOBAL LIMITED                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1995/004449/06)                                            
Share code: PTG   ISIN: ZAE000058053                                            
(`Peermont` or `the Company`)                                                   
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Peermont has entered into negotiations which, if  
successfully concluded, may have a material effect on the price of the Company`s
securities. Accordingly, shareholders are advised to exercise caution when      
dealing in the Company`s securities until a full announcement is made.          
Johannesburg                                                                    
10 December 2004                                                                
Sponsor                                                                         
   STANDARD BANK

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