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Thu 6 Apr 2006, 11:48 S A Retail Properties Limited - Further Cautionar
SRL
 SRL                                                                             
S A Retail Properties Limited  - Further Cautionary Announcement                
S A RETAIL PROPERTIES LIMITED                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1999/025764/06)                                           
(JSE Code: SRL & ISIN Code: ZAE000034328)                                       
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Linked unitholders are referred to the cautionary announcement dated 17 February
2006 and are advised that SA Retail are still in negotiations, which if         
successfully concluded, may have an effect on the share price of the linked     
units.  Accordingly, linked unitholders are advised to exercise caution when    
dealing in the linked units until a full announcement is made.                  
Durban                                                                          
6 April 2006                                                                    
SPONSOR                                                                         
EXCHANGE SPONSORS (PTY) LIMITED                                                 
(Registration number: 1999/024433/07)                                           
Date: 06/04/2006 11:48:39 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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