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Tisec Limited - Further Cautionary Announcement                                 
Tisec Limited                                                                   
(Registration No: 1997/010036/06)                                               
(Incorporated in the Republic of South Africa)                                  
(`Tisec` or `the company`)                                                      
JSE Code: TSC          ISIN CODE: ZAE000018131                                  
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders referred to the cautionary announcement published on 17 December   
2004 and are advised that the negotiations referred to therein are ongoing.     
Accordingly, shareholders are advised to continue to exercise caution when      
dealing in the company`s securities until a full announcement is made.          
Johannesburg                                                                    
17 February                                                                     
Sponsor                                                                         
Imara Corporate Finance South Africa (Pty) Ltd                                  
Date: 17/02/2005 05:10:02 PM                    
Produced by the JSE SENS Department                                             
                                                                                

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