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Mon 20 Sep 2004, 14:01 FURTHER CAUTIONARY ANNOUNCEMENT
WB HOLDINGS LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT                           
WB HOLDINGS LIMITED                                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1988/000570/06)                                            
JSE code: WBH  ISIN:  ZAE 000007902                                             
(`WB Holdings` or `the company`)                                                
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
With reference to the further cautionary announcement dated 2 September 2004    
shareholders are advised that further negotiations between the company and the  
prospective purchasers of three of its fruit farms have been entered into in    
order to finalise the transactions.                                             
Shareholders are therefore advised to continue to exercise caution when dealing 
in their WB Holdings shares until a further detailed announcement is made in    
this regard.                                                                    
20 September 2004                                                               
Cape Town                                                                       
Sponsor                                                                         
SASFIN CORPORATE FINANCE                                                        
A Division of Sasfin Bank Limited                                               
Date: 20/09/2004 01:52:40 PM                 
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