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SUM
 SUM                                                                             
Spectrum Shipping Limited - Further Cautionary Announcement                     
SPECTRUM SHIPPING LIMITED                                                       
Registration number: 1998/018118/06                                             
Share code: SUM                                                                 
ISIN: ZAE000037446                                                              
("Spectrum" or "the company")                                                   
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcement dated 25 April 2006, shareholders are    
advised that the company is still involved in discussions which may have a      
material affect on the price of the company"s shares.                           
Accordingly, shareholders are advised to continue exercising caution when       
dealing in Spectrum shares until a further announcement is made.                
Pretoria                                                                        
06 June 2006                                                                    
Sponsor                                                                         
River Group                                                                     
Date: 06/06/2006 10:11:12 AM Produced by the JSE SENS Department                
                                                                                
                                                                                

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