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Kelgran Limited - Further Cautionary Announcement                               
KELGRAN LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1975/004595/06)                                            
Share code: KLG   ISIN: ZAE000003885                                            
(`the company`)                                                                 
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcement dated 9 May 2005, shareholders are       
advised that the company is still involved in discussions which may have a      
material effect on the price of the company`s shares. Accordingly,              
shareholders are advised to continue exercising caution when dealing in the     
company`s shares until a full announcement is made.                             
Johannesburg                                                                    
22 June 2005                                                                    
Sponsor                                                                         
BRIDGE CAPITAL                                                                  
Date: 22/06/2005 10:52:39 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                

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