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Thu 5 May 2005, 17:00 Elexir - Liquidation of subsidiary and Cautionary
Elexir - Liquidation of subsidiary and Cautionary Announcement                  
ELEXIR TECHNOLOGY HOLDINGS LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1998/004365/06)                                           
(Share Code: ELX ISIN Code: ZAE000016663)                                       
(`Elexir` or `the Company`)                                                     
LIQUIDATION OF SUBSIDIARY AND CAUTIONARY ANNOUNCEMENT                           
Shareholders are advised that one of the Company`s subsidiaries, Elexir SA (Pty)
Limited, has voluntarily been placed in liquidation as the company is insolvent.
Shareholders are advised that Elexir has entered into discussions regarding the 
disposal of the remaining operating businesses of the Company that comprise of  
all the trading activities of the Group.  Shareholders are accordingly advised  
to exercise caution when dealing in Elexir securities until a further           
announcement is made in this regard.                                            
Johannesburg                                                                    
5 May 2005                                                                      
Sponsor                                                                         
Exchange Sponsors                                                               
Date: 05/05/2005 04:20:04 PM              
Produced by the JSE SENS Department                                             
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