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Elexir Technology Holdings Limited - Further Cautionary Announcement            
ELEXIR TECHNOLOGY HOLDINGS LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/004365/06)                                            
JSE Share code: ELX     ISIN: ZAE000016663                                      
(`Elexir`)                                                                      
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcement dated 24 May 2004 and 5 July 2004,       
shareholders are advised that Elexir is still involved in negotiations, which if
successfully concluded, may have an effect on the price at which Elexir         
securities trade on the JSE Securities Exchange South Africa.                   
Shareholders are accordingly advised to continue exercising caution when dealing
in Elexir securities until a full announcement is made.                         
17 August 2004                                                                  
Sponsor                                                                         
Exchange Sponsors                                                               

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