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Basil Read Holdings Limited - Cautionary Announcement                           
BASIL READ HOLDINGS LIMITED                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1984/007758/06)                                            
Share code: BSR              ISIN: ZAE000029781                                 
(`the company`)                                                                 
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that discussions are taking place with regards to a    
potential Black Economic Empowerment transaction, which if successfully         
concluded, may have a material 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 detailed announcement is made.                         
Johannesburg                                                                    
26 July 2005                                                                    
Sponsor: Bridge Capital Services (Pty) Limited                                  
Date: 26/07/2005 05:30:03 PM        
Produced by the JSE SENS Department

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