March 8, 2005

Hardware & Lumber Ltd.(HL)-Rights Issue

At the meeting of the Board of Directors on March 8, 2005, the following was agreed on: 1) Rights Issue – one share for every five shares held. 2) Record

JSE Investigation in Dyoll’s Trading

Trading in Dyoll’s shares was suspended on February 15, 2005 because of its failure to provide material information to the JSE in keeping with the Exchange’s Policy Statement on Timely

Seprod Ltd.(SEP)- Conversion of Shares

The Board at its meeting held on March 7, 2005, elected to convert the Company’s shares to shares of no par value immediately, in accordance with the new Companies Act.