TURNOVER ON THE JSE EQUITIES MARKET

                         Month ended    Year to    Year to    %
                         Apr 1998       date       date       Change
                                        1998       1997       Year to
                                                              date
Excluding Abitrage 

     Value (R Million)    31,520       159,548     92,275     +71.8

     Number of Deals     331,790     1,860,207    1,077,000   +72.7

     Volume (Million)      2,819        15,990      8,375     +90.9

Arbitrage

     Value (R Million)     8,841        46,866     26,613     +76.1

     Number of Deals       8,949        56,914     57,435      -4.4

     Volume (Million)        407         1,982      1,314     +50.8



                           *1997          1996      1995
Excluding Abitrage 

     Value (R Million)   206,542       117,099    63,247

     Number of Deals   2,343,957     1,440,240   762,091

     Volume (Million)     17,850         8,993     5,148

Arbitrage

     Value (R Million)    67,612        41,474    21,700

     Number of Deals     115,387       100,089    59,128

     Volume (Million)      3,164         1,798     1,029
* 1997 has been adjusted

EQUITY CAPITAL RAISED ON THE JSE - 30 June 1998

Equity Capital Raised On The JSE (R Million)*

                               Month      Year to   Year to  % Change
                               Ended      Date      Date     Year to
                               Jun 1998   1998      1997     Date

Acquisition of assets          2,063   11,167      8,621      29.5
Rights Issue                    617    12,150      4,799     153.2
Scrip Dividend                   90     1,591      2,738     -41.9
Share Incentive                  89    1,380       1,235      11.7
Via Prospectus                    80     205         101     103.0
Waiver of pre-emptive Rights     403    2,768      2,466      12.2
Other                              0      509         71     161.9

TOTAL                          3,339   29,770     20,031      48.6

                                1997     1996      1995

Acquisition of assets         21,612    6,413     1,560
Rights Issue                   9,671    9,835     6,718
Scrip Dividend                 6,366    6,812     5,356
Share Incentive                3,471      925       681
Via Prospectus                   742      944       942
Waiver of pre-emptive Rights   5,170    2,935     1,538
Other                          3,286      535     2,700

TOTAL                         50,318   28,399    19,495

* Totals may vary monthly

ANNULISED JSE LIQUIDITY - 30 June 1998

                        Month          Month       % Change     Year
                        Ended          Ended       Jun 1997-    to
                        Jun 1998       Jun 1997    Jun 1998     Date

Liquidity               24.6%          18.3%       56.3%        23.8%

                        1997           1996        1995

Liquidity               16.9%          10.9%       7.0%

* Liquidity calculated on a daily basis and not as at month end.

ANALYSIS OF VALUE TRADED ON MAIN BOARD (Excluding Arbitrage) - 30 April 1998

Value Traded range   Jun 1998       %       Year to Date       %
R million            Frequency              Frequency
                     Count                  Count

>100                       0       0.00%           0       0.00%
>50 and <=100              0       0.00%           0       0.00%
>25 and <=50               0       0.00%           0       0.00%
>10 and <=25             602       0.04%       1,101       0.04%
>7.5 and <=10            367       0.02%         673       0.02%
>5 and <=7.5             786       0.05%       1,419       0.05%
>2.5 and <=5           2,549       0.15%       4,578       0.15%
>1 and <=2.5           9,323       0.56%      16,618       0.55%
>0.1 and <=1         242,260      14.49%     435,129      14.29%
<=0.1              1,415,455      84.69%   2,585,009      84.91%

ALL TIME HIGH TURNOVER FIGURES

                         Daily High      Date    Weekly High      Week
                                                                 Ended

Deals                        29,053  18/06/98         98,275  24/04/98
Value                 2,776,317,924  18/06/97  7,851,684,067  12/06/98
Volume                  254,321,970  26/05/98    877,301,400  29/05/98
Market            1,535,047,032,294  20/04/98
Capitalization

ALL TIME HIGH INDEX CLOSING VALUES

                Index Code             Close               Date

All Share             CI01          8,358.70           20/04/98

Gold                  CI14          2,535.07           07/09/94

Financial             CI24         14,683.88           15/04/98

Industrial            CI27          9,942.67           20/04/98

ALS140                FI01          7,232.41           20/04/98

MINI15                FI11          6,445.81           08/05/96

IND125                FI27          8,857.52           20/04/98

FIND15                FI24          5,478.57           15/04/98

POSITION IN THE WORLD LEAGUE AS AT 31 MAY 1998

As calculated by the FIBV

                             JSE        Ranking    JSE         Ranking
                             May 1998              Year 1997

Market Capitalisation        273,768         18      230,040        19
(Domestic) (US$ Million)

Market Turnover               25,292         23       44,696        26
(US$ Million)

Liquidity %                     22.2         39         21.2        37

NUMBER OF COMPANIES/SECURITIES LISTING

                         Month       Year to      1997    1996    1995
                         Ended         Date
                      Jun 1998         1998


No of New Listings          10           31         54      28      27
No of Delistings             7           22         38      40      28
Foreign Listings            28           28         27      27      26
Domestic Listings          623          623        615     599     612

TOTAL                      651          651        642     626     638

No of Securities Listed    818          818        759     813     839

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

For further information contact Ailsa Thorpe at the Johannesburg Stock Exchange - Tel: +27 11 377 2306, Fax: +27 11 834 7402, Website: Click Contact Link