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Tue 19 Jul 2005, 16:06 Jse Limited - Qualified And Disclaimed Audit Opini
Jse Limited - Qualified And Disclaimed Audit Opinion On Annual Financial        
Statements                                                                      
QUALIFIED AND DISCLAIMED AUDIT OPINION ON ANNUAL FINANCIAL STATEMENTS           
CORWIL INVESTMENTS LIMITED (`CORWIL`)                                           
(ALPHA CODE:   CRW       ISIN:   ZAE000001806)                                  
The JSE Limited (`JSE`) wishes to advise that the audit opinion on Corwil`s     
annual financial statements for the year ended 31 March 2005 has been qualified 
and disclaimed.  Shareholders are advised to refer to the annual financial      
statements to ascertain the exact nature of the qualification and disclaimer.   
Accordingly, the company`s listing on the JSE SETS system has been annotated    
with a `Q` to indicate the qualification.  The company`s listing has also been  
annotated with a `D` to indicate that the listing of the company`s securities is
under threat of suspension and possible termination.   A meeting of the JSE will
be convened to consider the continued listing or suspension and possible        
termination of Corwil`s listing.                                                
This announcement has been placed by the JSE in the interest of shareholders.   
19 July 2005                                                                    
Date: 19/07/2005 04:01:15 PM         
Produced by the JSE SENS Department
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