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Thu 27 Oct 2005, 7:30 Industrial Credit Company Africa Holdings Limited
Industrial Credit Company Africa Holdings Limited - Cautionary Announcement     
Industrial Credit Company Africa Holdings Limited                               
("ICC" or "the Company")                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration Number:  1997/010950/06)                                          
Share Code:  ICC                                                                
ISIN Code:  ZAE000053203                                                        
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that the company has entered into negotiations which,  
if successfully concluded, may have a material effect on the price at which the 
company"s securities trade on the JSE Limited.  Shareholders are accordingly    
advised to exercise caution when dealing in the company"s securities until a    
full announcement is made.                                                      
Johannesburg                                                                    
26 October 2005                                                                 
Sponsor                                                                         
Arcay Corporate Services                                                        
Date: 27/10/2005 07:30:03 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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