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ENTERPRISE OUTSOURCING HOLDINGS LIMITED                                         
Incorporated in the Republic of South Africa                                    
(Registration number 1998/014669/06)                                            
Share code: EOH     ISIN: ZAE000022026                                          
(`EOH` or `the company`)                                                        
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Further to the cautionary announcement dated 2 November 2004, shareholders are  
advised that EOH is progressing the finalisation of the Black Economic Equity   
Empowerment of the company.                                                     
Further details will be communicated to shareholders in due course and          
accordingly, EOH shareholders are advised to continue to exercise caution when  
dealing in EOH shares until a further announcement is made.                     
Johannesburg                                                                    
14 December 2004                                                                
Sponsor                                                                         
Merchant Sponsors (Proprietary) Limited                                         
Date: 14/12/2004 07:00:05 AM                  
Produced by the JSE SENS Department

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