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Labat - Further Cautionary Announcement                                         
Labat Africa Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1986/001616/06)                                            
JSE Share code: LAB   ISIN: ZAE000018354                                        
(`Labat` or `the company`)                                                      
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders are referred to the further cautionary announcements dated 19      
January 2005 and 18 February 2005, and are advised to continue to exercise      
caution when dealing in their shares until a further announcement has been made.
18 April 2004                                                                   
Sponsor                                                                         
Brait Sponsors (Pty) Ltd.

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