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Seardel - Withdrawal of cautionary announcement                                 
Seardel Investment Corporation Limited                                          
(Incorporated in the Republic of South Africa)                                  
ISIN number:  ZAE000029815:  Share Code:  SER                                   
ISIN numbeR:  ZAE000030144:  Share Code:  SRN                                   
SEARDEL; SEARDEL-N                                                              
(`Seardel`)                                                                     
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
In its cautionary announcement dated 9 February 2005, Seardel advised that it   
was in negotiations which, if successfully concluded, may have a material effect
on the price of Seardel`s securities. The negotiations have been discontinued   
and caution is no longer required to be exercised when dealing in Seardel       
securities.                                                                     
17 March 2005                                                                   
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 17/03/2005 02:25:02 PM                  
Produced by the JSE SENS Department                                             

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