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CSL
 CSL                                                                             
Consol Limited - Cautionary Announcement                                        
Consol Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
Registration No. 1946/021828/06                                                 
JSE Share Code:  CSL                                                            
ISIN:  ZAE000063251                                                             
("Consol")                                                                      
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders of Consol are advised that the board of Consol has received a      
proposal which may result in an offer to acquire the entire issued share capital
of Consol.                                                                      
Accordingly, shareholders are advised to exercise caution when dealing in their 
Consol shares until a further announcement is made.                             
Johannesburg                                                                    
20 July 2006                                                                    
Sponsor                                                                         
The Standard Bank of South Africa Limited                                       
Date: 20/07/2006 11:45:04 AM Produced by the JSE SENS Department                
                                                                                
                                                                                

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