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Tue 19 Sep 2006, 16:02 Glenrand M I B - Renewal of Cautionary
Glenrand M I B - Results and Renewal of Cautionary            
Glenrand M I B Limited                                                          
Incorporated in the Republic of South Africa                                    
(Registration number 1997/008001/06)                                            
("Glenrand M I B" or "the Group")                                               
JSE share code: GMB                                                             
ISIN: ZAE000078010                                                              
Renewal of Cautionary Announcement                                          
                                                    
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Shareholders are referred to the cautionary announcement dated 23 August 2006   
and are advised that the company is still in discussions which, if              
successfully concluded, could have an impact on the price at which the          
company`s ordinary shares trade on the JSE Limited. These discussions are       
in respect of the sale of our interest in an underwriting management            
company.                                                                        
Accordingly, shareholders are advised to continue to exercise caution when      
dealing in the company"s securities until a further announcement is made.       
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Directorate:                                                                    
*Dr M F Kunene (Chairman and Acting Chief Executive Officer), P Cooper (Alt),   
R G Cottrell, G T Ferreira, D J Harpur, A W Mansfield, M R Mashishi, T H        
Nyasulu                                                                         
Group Secretary: E Price   *Executive                                           
Registered Office:                                                              
288 Kent Avenue, PO Box 2544, Randburg 2125                                     
Tel (011) 329 1111, Fax (011) 329 1333                                          
email info@glenrandmib.co.za, website www.glenrandmib.co.za                     
Licensed Financial Services Provider Number: 11228                              
Transfer Secretaries:                                                           
Computershare Investor Services 2004 (Pty) Limited                              
70 Marshall Street, Johannesburg 2001                                           
PO Box 61051, Marshalltown 2107, South Africa                                   
Tel (011) 370 5000, Fax (011) 688 7715                                          
Investment Bank and Sponsor:                                                    
Nedbank Capital                                                                 
Date: 19/09/2006 03:08:22 PM Produced by the JSE SENS Department
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