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HWN
 HWN                                                                             
Howden Africa Holdings Limited - Cautionary Announcement                        
Howden Africa Holdings Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/002982/06)                                            
Share code: HWN & ISIN: ZAE000010583                                            
("HAHL" or "the Company")                                                       
Cautionary Announcement                                                         
Shareholders are advised that the board of directors is currently considering a 
proposal for a restructuring of the HAHL group of companies.                    
Until the publication of a further announcement, shareholders are urged to      
exercise caution when dealing in the Company"s securities.                      
9 May 2006                                                                      
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Registration number 1970/003711/07                                              
Date: 09/05/2006 12:32:19 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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