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GMB
 GMB                                                                             
GMB - Glenrand M I B - Cautionary Announcement                                  
GLENRAND M I B LIMITED                                                          
(a Licensed Financial Services Provider)                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/008001/06)                                            
Share code: GMB & ISIN: ZAE000078010                                            
("Glenrand M I B" or "the Company")                                             
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Glenrand M I B has entered into negotiations      
which, if successfully concluded, may have an effect on the price of the        
Company`s shares.                                                               
Accordingly, shareholders are advised to exercise caution when dealing in the   
Company`s shares until a further announcement is made.                          
Randburg                                                                        
11 January 2007                                                                 
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 11/01/2007 15:11:33 Produced by the JSE SENS Department.

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