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SASANI LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT                                
SASANI LIMITED                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1955/000259/06)                                            
Share code: SSA   ISIN: ZAE000044384                                            
(`Sasani` or `the company`)                                                     
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcement dated 3 December 2004,                   
shareholders are advised that negotiations are continuing, which, if            
successfully concluded, may have a material effect on the price at which        
the company`s shares trade on the JSE Securities Exchange South Africa.         
Shareholders are accordingly advised to continue to exercise caution in         
dealing in their Sasani shares until a further announcement in this             
regard is made.                                                                 
Johannesburg                                                                    
14 January 2005                                                                 
Sponsor                                                                         
   LPC Manhattan Sponsors (Pty) Ltd                                             
  (Registration number 1999/024792/07)

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