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Fri 4 Feb 2005, 15:51 m Cubed Holdings Limited - Cash Distribution to m
m Cubed Holdings Limited - Cash Distribution to m Cubed shareholders            
m CUBED HOLDINGS LIMITED                                                        
Registration number: 1998/014568/06                                             
Share code: MCU                                                                 
ISIN: ZAE000033353                                                              
(`m Cubed`)                                                                     
CASH DISTRIBUTION TO M CUBED SHAREHOLDERS                                       
Further to the SENS and press announcement dated 28 January 2005, shareholders  
are advised that the Financial Services Board has granted provisional approval  
to AM Holdco (being the company which acquired the multi-management operations  
of, and is owned in equal shares by, m Cubed and Momentum International Multi-  
Managers (Proprietary) Limited) to carry on business as an asset manager.       
The cash distribution by m Cubed of 13,33333 cents per m Cubed share to m Cubed 
shareholders recorded in the register of shareholders on Friday, 11 February    
2005 (`the cash distribution`) will be implemented as previously announced, the 
date of payment for the cash distribution being Monday, 14 February 2005.       
Johannesburg                                                                    
4 February 2005                                                                 
Sponsor and adviser                                                             
PSG CAPITAL LIMITED                                                             
(Registration number 2002/017362/06)                                            
Reporting accountants and auditors                                              
FISHER HOFFMAN PKF (JHB) INC. Chartered Accountants (SA)                        
Registered Accountants and Auditors                                             
(Registration number 1994/001166/21)                                            
Legal adviser                                                                   
PRINSLOO, TINDLE & ANDROPOULOS INC.                                             
Attorneys                                                                       
Date: 04/02/2005 03:37:09 PM                      
Produced by the JSE SENS Department
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