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Wed 22 Dec 2004, 17:15 BASIL READ HOLDINGS LIMITED - TRADING STATEMENT
BASIL READ HOLDINGS LIMITED - TRADING STATEMENT                                 
BASIL READ HOLDINGS LIMITED                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1984/007758/06)                                            
Share Code: BSR            ISIN: ZAE000029781                                   
(`Basil Read` or `the company`)                                                 
TRADING STATEMENT                                                               
Shareholders are hereby notified that Basil Read`s results for the year ending  
31 December 2004 could be 190% to 210% lower than the audited results for the   
year ended 31 December 2003.                                                    
Shareholders are referred to the company`s unaudited results for the six months 
ended 30 June 2004 published on SENS and in the press on 29 September 2004.     
Since 30 June 2004, the company`s trading position has not further deteriorated.
The results for the year ended 31 December 2004 have not been reported on by    
Basil Read`s auditors and shareholders must accordingly exercise caution when   
dealing in their shares until publication of the results.                       
Johannesburg                                                                    
22 December 2004                                                                
Sponsor: Bridge Capital Services (Pty) Limited                                  
Date: 22/12/2004 05:00:18 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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