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Tue 4 Apr 2006, 16:38 JSE Limited - Modified Audit Opinion on Annual Fin
NMS
 NMS                                                                             
JSE Limited - Modified Audit Opinion on Annual Financial Statements             
JSE Limited                                                                     
NAMIBIAN SEA PRODUCTS LIMITED                                                   
(NAMSEA)                                                                        
(ISIN: NA0008640246 & ALPHA CODE: NMS)                                          
MODIFIED AUDIT OPINION ON ANNUAL FINANCIAL STATEMENTS                           
The JSE Limited ("JSE") wishes to advise that the audit opinion on Namsea"s     
annual financial statements for the year ended 31 December 2005 contains an     
emphasis of matter. Shareholders are advised to refer to the annual financial   
statements to ascertain the exact nature of the modification.                   
Accordingly the company"s listing on the JSE SETS system will be annotated with 
an "E" to indicate the emphasis of matter. The company"s annotation will be     
removed when the company produces an unmodified audit opinion.                  
This announcement has been placed by the JSE in the interest of shareholders.   
4 April 2006                                                                    
Date: 04/04/2006 04:38:44 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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