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Mon 26 Jun 2006, 16:03 Sizafika - Updated cautionary announcement
Sizafika - Updated cautionary announcement   
Sizafika Property Investments Limited                                      
     (Formerly Adonis Knitwear Holdings Limited)                                
(Incorporated in the Republic of South Africa)                             
     Registration number: 1969/002908/06                                        
     Share code: SZA & ISIN: ZAE000080198                                       
     ("Sizafika" or "the company")       

UPDATED CAUTIONARY ANNOUNCEMENT                                            
     Linked unit holders are referred to the detailed cautionary announcement   
     that was released on SENS on 25 May 2006 and published in the press on 26  
May 2006.                                                                  
     In view of the ongoing discussions and negotiations to acquire the         
     properties referred to above, linked unit holders are advised to continue  
     to exercise caution in their dealings in their linked units. A formal      
announcement in this regard is expected by the end of July 2006.           
     For and on behalf of the board                                             
     Directors:                                                                 
     DJA White * (Chairman)                                                     
BA Smith (Managing Director)                                               
     JE van der Burgh *                                                         
     HT Dudley *                                                                
     * Non-Executive Directors                                                  
Sponsor                                                                    
     Imara Corporate Finance South Africa (Pty) Ltd                             
     Auditor                                                                    
     Horwath Leveton Boner                                                      
Transfer secretaries                                                       
     Computershare Investor Services 2004 (Pty) Ltd                             
Date: 26/06/2006 03:20:32 PM Produced by the JSE SENS Department
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