MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa) (Registration number 1948/029826/06) Share code: MUR ISIN code: ZAE000008983
(“Murray & Roberts” or “the Company”)

Shareholders are advised that Murray & Roberts proposes to introduce broad-based black economic empowerment into its shareholder structure which will serve to enhance existing empowerment initiatives within its subsidiary companies. Shareholders will be kept informed of developments.

Accordingly, shareholders are advised to exercise caution when dealing in the Company's shares until a further announcement is made.

Johannesburg
28 July 2005
Sponsor: Merrill Lynch