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Anbeeco - Renewal of cautionary announcement                                    
ANBEECO INVESTMENT HOLDINGS LIMITED                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1984/002788/06)                                            
Share code:  AEC            ISIN:  ZAE000000162                                 
(`Anbeeco`)                                                                     
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Further to the announcement dated 20 January 2005, shareholders are advised that
negotiations are still in progress, which if successfully concluded, may have a 
material effect on the price of Anbeeco`s securities, and, accordingly,         
shareholders are advised to continue exercising caution in their dealings in    
Anbeeco shares pending a further announcement.                                  
Johannesburg                                                                    
29 March 2005                                                                   
Sponsor                                                                         
Merchant Sponsors (Proprietary) Limited

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