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Thu 27 Jul 2006, 17:58 Conafex Holdings Societe Anonyme - Cautionary Anno
CNX
 CNX                                                                             
Conafex Holdings Societe Anonyme - Cautionary Announcement                      
CONAFEX HOLDINGS SOCIETE ANONYME                                                
Incorporated in Luxembourg                                                      
RC Luxembourg No. B 17789)                                                      
"Conafex")                                                                      
JSE CODE: CNX        ISIN: LU0167907293                                         
CAUTIONARY ANNOUNCEMENT                                                         
The Board of Directors of Conafex Holdings Societe Anonyme ("Conafex")          
wishes to advise shareholders that Conafex has entered into negotiations,       
which if successfully concluded may have a material effect on the price         
at which Conafex shares trade on the JSE Limited.                               
Accordingly, shareholders are advised to exercise caution in their              
dealings in Conafex shares until a full announcement is made.                   
By order of the Conafex Board                                                   
27 July 2006                                                                    
South African sponsor and corporate Advisor                                     
Imara Corporate Finance South Africa (Pty) Ltd                                  
Date: 27/07/2006 05:58:30 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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