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Mon 20 Dec 2004, 15:50 FURTHER CAUTIONARY ANNOUNCEMENT
Astrapak - Further Cautionary Announcement                                      
ASTRAPAK LIMITED                                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/009169/06)                                            
ISIN: ZAE000030938                                                              
Share Code: APK                                                                 
(`Astrapak`)                                                                    
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcement released on SENS on 15 November 2004,    
linked unitholders are advised that negotiations are still in progress which, if
successfully concluded, may have a material effect on the price of Astrapak`s   
securities. Accordingly, linked unitholders are advised to continue to exercise 
caution when dealing in Astrapak`s securities until a full announcement is made.
Sandton                                                                         
20 December 2004                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Legal adviser                                                                   
Paul Botha and Associates                                                       
Date: 20/12/2004 03:40:03 PM                     
Produced by the JSE SENS Department
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