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Fri 22 Apr 2005, 16:03 JOINT CAUTIONARY ANNOUNCEMENT
WBHO/Concor - Joint Cautionary Announcement                                     
WILSON BAYLY HOLMES-OVCON LIMITED                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1982/011014/06)                                            
Share code: WBO       ISIN: ZAE000009932                                        
(`WBHO`)                                                                        
CONCOR LIMITED                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1969/003076/06)                                            
Share code: CNC       ISIN: ZAE000001616                                        
(`Concor`)                                                                      
JOINT CAUTIONARY ANNOUNCEMENT                                                   
Shareholders of WBHO and Concor are advised that discussions are taking place,  
which, if successfully concluded, may have an effect on the price at which WBHO 
and Concor shares trade on the JSE Securities Exchange South Africa (`JSE`).    
Shareholders of WBHO and Concor are accordingly advised to exercise caution when
dealing in their WBHO and Concor shares until such time as a further            
announcement has been released by WBHO or Concor in this regard.                
Sandton                                                                         
22 April 2005                                                                   
Sponsor to WBHO and Concor                                                      
Investec Bank                                                                   
Date: 22/04/2005 04:00:03 PM       
Produced by the JSE SENS Department
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