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Tue 8 Feb 2005, 14:28 TRADING STATEMENT
SABVEST LIMITED - TRADING STATEMENT                                             
SABVEST LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1987/003753/06)                                           
Ordinary shares:   Share code: SBV  ISIN: ZAE 000006417                         
N Ordinary shares: Share code: SVN  ISIN: ZAE 000012043                         
(`Sabvest` or `the Company`)                                                    
TRADING STATEMENT                                                               
Shareholders are advised that, for the year ended 31 December 2004, Sabvest     
expects headline earnings per share of about 50 cents per share, which is       
approximately the same as in the prior year.  However, earnings per share are   
expected to increase by about 35% to approximately 49 cents per share.          
The financial information on which this trading statement is based has not been 
reviewed and reported on by the company`s auditors.   Audited financial results 
are expected to be announced on or about 28 February 2005.                      
Sandton                                                                         
8 February 2005                                                                 
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 08/02/2005 02:21:04 PM                     
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