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Tue 18 Oct 2005, 14:00 Excellerate - Renewal of cautionary announcement
Excellerate - Renewal of cautionary announcement                                
EXCELLERATE HOLDINGS LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/009884/06)                                            
Share code: EXL & ISIN: ZAE000026092                                            
("Excellerate" or "the Company")                                                
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Shareholders are referred to the cautionary announcement that was released on   
SENS on 5 September 2005 and 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 further         
announcement is made.                                                           
Sandton                                                                         
18 October 2005                                                                 
Investment Bank and Sponsor                                                     
Nedbank Capital                                                                 
Date: 18/10/2005 02:00:13 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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