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ITR
 ITR                                                                             
ITR - Intertrading Limited - Cautionary Announcement                            
Intertrading Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/004777/06)                                            
Share code: ITR     ISIN: ZAE000015566                                          
("Intertrading" or "the company")                                               
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that the company has entered into negotiations which if
successfully concluded may have a material effect on price at which the         
company`s shares trade on the JSE Limited.                                      
Shareholders are advised to exercise caution when dealing in their Intertrading 
shares until a full announcement is made.                                       
JOHANNESBURG                                                                    
16 March 2007                                                                   
Sponsor                                                                         
Sasfin Capital                                                                  
A division of Sasfin Bank Limited                                               
Date: 16/03/2007 14:06:14 Produced by the JSE SENS Department.

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