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Mon 20 Dec 2004, 18:01 TRADING STATEMENT
JCI LIMITED - TRADING STATEMENT                                                 
JCI LIMITED                                                                     
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)                                  
(REGISTRATION NUMBER: 1894/000854/06)                                           
SHARE CODE:  JCD    ISIN:  ZAE000039681                                         
DEBENTURE CODE: JCDD ISIN: 000039699                                            
(`JCI`)                                                                         
TRADING STATEMENT                                                               
JCI is expecting a decrease of 490% in headline earnings per share for the six- 
month period ended 30 September 2004 compared to the six months ended 30        
September 2003.  The headline earnings per share for the six months ended 30    
September 2004, is expected to be a 12% improvement upon the prior six months   
ended 31 March 2004.  The information in this trading statement has not been    
reviewed or reported on by JCI`s auditors.  The interim results announcement is 
expected to be published on or about 23 December 2004.                          
Johannesburg                                                                    
20 December 2004                                                                
Sponsor                                                                         
Sasfin Corporate Finance                                                        
A division of Sasfin Bank Limited
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