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Mon 31 Jan 2005, 12:41 RENEWAL OF CAUTIONARY ANNOUNCEMENT
HOSKEN CONSOLIDATED INVESTMENTS LIMITED - RENEWAL OF CAUTIONARY ANNOUNCEMENT    
HOSKEN CONSOLIDATED INVESTMENTS LIMITED                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1973/07111/06)                                             
(ISIN ZA000003257)  (Share code HCI)                                            
(`HCI`)                                                                         
Renewal of cautionary announcement                                              
Further to the announcement dated 17 December 2004, relating to the increase in 
HCI`s interest in the Tsogo Group (`the acquisition`), HCI shareholders are     
advised that discussions with the Securities Regulation Panel (`SRP`) regarding 
the acquisition have taken place and continue to take place. HCI hopes to be in 
a position to announce the outcome of the discussions with the SRP in the near  
future.                                                                         
Accordingly, shareholders are advised to continue to exercise caution when      
dealing in the company`s securities until a further announcement is made.       
Durban                                                                          
31 January 2005                                                                 
Sponsor                                                                         
Nedbank Capital                                                                 
Corporate Advisor to HCI                                                        
HJS Advisory Services (Pty)                                                     
Date: 31/01/2005 12:35:41 PM               
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