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Fri 28 Oct 2005, 16:49 Peregrine Holdings Limited - Further Trading State
Peregrine Holdings Limited - Further Trading Statement                          
Peregrine Holdings Limited                                                      
(Registration number 1994/006026/06)                                            
("Peregrine" or "the company")                                                  
JSE code: PGR & ISIN code: ZAE000015152                                         
FURTHER TRADING STATEMENT                                                       
In terms of the Listings Requirements of the JSE Limited ("the JSE") and further
to the trading statement dated 29 September 2005, shareholders are advised that,
in respect of the six month period ending 30 September 2005:                    
-    headline earnings per share, taking into account changes in accounting     
     policies arising from the adoption of International Financial Reporting    
Standards (IFRS), are expected to be between 120% and 125% higher than for 
     the six month period ended 30 September 2004 (headline earnings per share  
     for such six month period restated for the adoption of IFRS were 17.0 cents
     and 18.3 cents prior to such restatement);                                 
-    as a result of a non-recurring capital receipt, earnings per share are     
     expected to be between 190% and 195% higher than the restated earnings per 
     share for the six month period ended 30 September 2004 (earnings per share 
     for such six month period, restated for the adoption if IFRS, were 17.8    
cents and 19.1 cents prior to such restatement).                           
The unaudited results for the six month period ending 30 September 2005 are     
expected to be released on 2 November 2005.                                     
The information on which the above trading statement has been provided has not  
been reviewed or reported on by the company"s auditors.                         
Sandton                                                                         
28 October 2005                                                                 
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 28/10/2005 04:49:14 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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