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Thu 23 Jun 2005, 8:38 Square One Solutions - Renewal of cautionary annou
Square One Solutions - Renewal of cautionary announcement                       
Square One Solutions Group Limited                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1999/026822/06)                                            
(`the company`)                                                                 
Share code: SQE & ISIN: ZAE000023768                                            
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Further to the renewal of cautionary announcement dated 12 May                  
2005, shareholders are advised that negotiations are still  in                  
progress,  which,  if  successfully  concluded,  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                                                                    
23 June 2005                                                                    
Sponsor: Bridge Capital Services (Proprietary) Limited
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