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Tue 29 Nov 2005, 10:41 New Africa Investments Limited - Renewal of cautio
New Africa Investments Limited - Renewal of cautionary announcement             
New Africa Investments Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1993/002467/06)                                            
Share Code:    NAI and NAN                                                      
ISIN:          ZAE0000033338 and ZAE0000033346                                  
("NAIL")                                                                        
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
NAIL shareholders are referred to the announcement made by NAIL dated 17        
December 2004 and the cautionary announcements made thereafter wherein NAIL     
shareholders were advised that it had received a firm intention to make an offer
from Primedia Limited, subject to the fulfilment of certain conditions          
precedent, to acquire all of the issued shares in NAIL. NAIL shareholders are   
advised that they should continue to exercise caution in dealing in their NAIL  
shares until a further announcement is made.                                    
Bryanston                                                                       
29 November 2005                                                                
Investment bank                                                                 
Investec Corporate Finance                                                      
Sponsor                                                                         
Investec Bank Limited                                                           
Corporate law advisers and consultants                                          
Edward Nathan Limited                                                           
Date: 29/11/2005 10:41:03 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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