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Fri 4 Feb 2005, 8:25 Mercantile - Credit Rating Raised
Mercantile - Credit Rating Raised                                               
Mercantile Lisbon Bank Holdings Limited                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1989/000164/06)                                            
(`Mercantile` or `the company`)                                                 
Share code: MTL                                                                 
ISIN: ZAE000056537                                                              
CREDIT RATING RAISED                                                            
Shareholders are referred to the announcement released on SENS today by CA-     
Ratings announcing an upgrade in the long-term rating of Mercantile Bank Limited
from zaBBB- to zaA and the short-term rating from zaA3 to zaA1.                 
Shareholders are reminded of the trading update released on SENS on 27 September
2004.  Results for the year ended 31 December 2004 are expected to be released  
on or about 18 February 2005.                                                   
Johannesburg                                                                    
3 February 2005                                                                 
Sponsor: Bridge Capital Services (Pty) Limited                                  
Date: 04/02/2005 08:00:03 AM                  
Produced by the JSE SENS Department
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