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Glenrand M I B Limited  - Cautionary announcement                               
Glenrand M I B Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/008001/06)                                            
Share code: GMB & ISIN: ZAE000018529                                            
(`Glenrand M I B` or `the Company`)                                             
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Glenrand M I B has entered into negotiations which
if successfully concluded may have an effect on the price of the Company`s      
shares. Accordingly, shareholders are advised to exercise caution when dealing  
in the Company`s shares until a further announcement is made.                   
Randburg                                                                        
14 June 2005                                                                    
Investment Bank and Sponsor                                                     
Nedbank Capital                                                                 
Date: 14/06/2005 07:00:03 AM  
Produced by the JSE SENS Department

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