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Mon 20 Dec 2004, 13:48 LATE SUBMISSION OF PROVISIONAL FINANCIAL STATEMENT
JSE- LATE SUBMISSION OF PROVISIONAL ANNUAL FINANCIAL STATEMENTS: PROPER GROUP   
     LIMITED                                                                    
JSE SECURITIES EXCHANGE SOUTH AFRICA                                            
LATE SUBMISSION OF PROVISIONAL ANNUAL FINANCIAL STATEMENTS                      
(`PROVISIONAL REPORT`)                                                          
PROPER GROUP LIMITED                                                            
(ALPHA CODE: PRO      ISIN CODE:  ZAE000027181)                                 
The JSE Securities Exchange South Africa (`the JSE`) wishes to advise that the  
above mentioned company has failed to submit its provisional report within the  
three-month period stipulated in the JSE`s Listings Requirements.               
Accordingly, the company`s listing on the JSE SETS system will be annotated with
an `RE`, to indicate that the company has failed to submit its provisional      
report timeously and that the listing of the company`s securities is under      
threat of suspension and possible termination.  Should the company fail to      
submit its provisional report by Friday, 31 December 2004, its listing will be  
suspended.                                                                      
This announcement has been placed by the JSE in the interest of shareholders.   
20 December 2004                                                                
Date: 20/12/2004 01:06:03 PM                    
Produced by the JSE SENS Department
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