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Fri 22 Apr 2005, 16:45 RENEWAL OF CAUTIONARY ANNOUNCEMENT
IMR - Renewal of cautionary announcement                                        
IMR INVESTMENTS LIMITED                                                         
Incorporated in the Republic of South Africa                                    
(Registration number 1998/017351/06)                                            
Share code: IMR     ISIN: ZAE000044004                                          
(`IMR` or `the company`)                                                        
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Further to the cautionary announcement dated 1 March 2005, IMR shareholders are 
advised that negotiations relating to a re-structuring of the strategic and     
operational direction of the company are still in progress. Accordingly, IMR    
shareholders are advised to continue to exercise caution when trading in shares 
of the company on the JSE Securities Exchange South Africa until a further      
announcement is made.                                                           
Johannesburg                                                                    
22 April 2005                                                                   
Sponsor                                                                         
Merchant Sponsors (Proprietary) Limited                                         
Date: 22/04/2005 04:45:03 PM               
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