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Mon 11 Apr 2005, 17:21 Fairvest Property Holdings Limited - Further cauti
Fairvest Property Holdings Limited - Further cautionary announcement            
Fairvest Property Holdings Limited                                              
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1998/005011/06)                                               
(`Fairvest`)                                                                    
Share code: FVT     ISIN: ZAE000034658                                          
Further cautionary announcement                                                 
Shareholders are referred to the previous cautionary announcement dated 8       
February 2005 whereby it was mentioned that the board is continuing to examine  
proposals to return value to unit holders. This process could include either the
disposal of all or some of the property portfolio and to repay linked unit      
holders the excess proceeds, or to identify and acquire an appropriate property 
portfolio to maximise value for unit holders.                                   
In view of the board`s discussions referred to above, linked unit holders are   
advised to continue to exercise caution in dealing in their linked units until a
further announcement is made.                                                   
11 April 2005                                                                   
Sponsor                                                                         
Imara Corporate Finance South Africa (Pty) Ltd
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