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Ambit Properties Limited - Further Cautionary Announcement                      
AMBIT PROPERTIES LIMITED                                                        
(Registration number: 2001/007003/06)                                           
Share code: ABT                                                                 
ISN code: ZAE000051645                                                          
(`Ambit` or `the Company`)                                                      
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcements dated 14 April 2005 and 25 May 2005,    
unitholders are advised that negotiations are still in progress, which if       
successfully concluded, may have a material effect on the price of the Company`s
securities.  Accordingly, unitholders are advised to continue exercising caution
when dealing in the Company`s securities until a full announcement is made.     
Johannesburg                                                                    
7 July 2005                                                                     
Sponsor                                                                         
Exchange Sponsors (Pty) Limited                                                 
Date: 07/07/2005 09:46:31 AProduced by the JSE SENS Department

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