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Fri 25 Feb 2005, 9:10 Further Cautionary Announcement
Metair Investments Limited - Further Cautionary Announcement                    
METAIR INVESTMENTS LIMITED(Reg.No. 1948/031013/06)                              
Share code: MTA                                                                 
ISIN Code: ZAE 000004743                                                        
(Incorporated in the Republic of South Africa)                                  
Further to the cautionary announcement dated 13 January 2005, shareholders are  
advised that negotiations are still in progress which, if successfully concluded
may have a material effect on the price of the company`s securities.            
Accordingly, shareholders are advised to continue exercising caution when       
dealing in the company`s securities until a full announcement is made.          
BY ORDER OF THE BOARD                                                           
Johannesburg                                                                    
24 February 2005                                                                
Sponsor                                                                         
LPC Manhattan Sponsors (Pty) Ltd                                                
Date: 25/02/2005 09:01:59 AM                     
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