TURNOVER ON THE JSE EQUITIES MARKET

                         Month ended    Year to    Year to    %
                         Feb 1999       date       date       Change
                                        1999       1999       Year to
                                                              date
Excluding Abitrage 

     Value (R Million)     20,651    38,981       28,831       35.2

     Number of Deals      279,872   477,702      360,217       32.6
 
     Volume (Million)       2,399    4,108        2,634        56.0

Arbitrage

     Value (R Million)      6,474    12,734      9,111         39.8
     Number of Deals        9,239    18,123     22,133        -18.1
     Volume (Million)         280       567        411         38.0



                           *1999          1998      1997
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
* 1998 has been adjusted

EQUITY CAPITAL RAISED ON THE JSE

Equity Capital Raised On The JSE (R Million)*

                               Month      Year to   Year to  % Change
                               Ended      Date      Date     Year to
                               Jan 1999   1999      1998     Date

Acquisition of assets          1,931      4,325     3,883    11.4
Rights Issue                      65        381       732   -48.0
Scrip Dividend                    58        514       630   -18.4
Share Incentive                   55        100       684   -85.4
Via Prospectus                    65         65         0   100.0
Waiver of pre-emptive Rights      28         30        83   -63.9
Other                              0         29         0   100.0

TOTAL                          2,202      5,444     6,012    -9.4

                                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    23,399    19,495

* Totals may vary monthly

ANNULISED JSE LIQUIDITY

                        Month          Month       % Change     Year
                        Ended          Ended       Jan 1998-    to
                        Feb 1999       Feb 1998    Feb 1999     Date

Liquidity                   20.1           17.1        17.5     19.9

                        1998           1997        1996

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)

Value Traded range   Feb 1999       %       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              88       0.04%         152       0.04%
>7.5 and <=10             45       0.02%          99       0.02%
>5 and <=7.5             113       0.05%         204       0.05%
>2.5 and <=5             347       0.14%         865       0.20%
>1 and <=2.5           1,164       0.47%       2,223       0.52%
>0.1 and <=1          33,095      13.25%      63,300      14.84%
<=0.1                214,951      86.05%     359,732      84.33%

ALL TIME HIGH TURNOVER FIGURES

                   Daily High      Date        Weekly          Week
                                               High            Ended

Deals                      24,583  29/10/97         82,771   31/10/97
Value               2,776,317,924  18/06/97  7,119,928,823   31/10/97
Volume                249,221,701  18/03/97    731,156,091   20/02/98
Market          1,329,460,630,851  07/08/97
Capitalization

ALL TIME HIGH INDEX CLOSING VALUES

                Index Code             Close               Date

All Share             CI01          7,614.36           07/08/97

Gold                  CI14          2,535.07           07/09/94

Financial             CI24         13,348.79           27/02/98

Industrial            CI27          9,314.19           07/08/97

ALS140                FI01          6,711.54           07/08/97

MINI15                FI11          1,438.32           08/05/96

IND125                FI27          8,627.65           07/08/97

FIND15                FI24         11,320.08           27/02/98

POSITION IN THE WORLD LEAGUE AS AT 31 AUGUST 1998

As calculated by the FIBV

                           JSE        Ranking       JSE       Ranking
                         Aug 1998                 Year 1997

Market Capitalisation      240,211       19        230,040        19
(Domestic) (US$ Million)

Market Turnover             3,712        25         44,696        26
(US$ Million)

Liquidity %                  18.5        40           21.2        37

NUMBER OF COMPANIES/SECURITIES LISTING

                        Month         Year to    1998    1997    1996
                        Ended         Date
                        Feb 1999      1999


No of New Listings          3            6         54      28      27
No of Delistings            2            9         38      40      28
Foreign Listings           27           27         27      27      26
Domestic Listings         612          612        615     599     612

TOTAL                    639           639        642     626     626

No of Securities Listed  756           756        759     813     839

FOREIGN TRADE ON THE JSE EQUITIES MARKET (R MILLION)
               Month       Year to         1997      1996        1995
               Ended       Date 
               Feb 1999    1999
Purchases       8,312        90,860       79,515     41,524    24,148

Sales           5,491        54,259       53,314     36,270    19,336

NET (sales)/    2,821        36,601       26,201      5,254     4,812
Purchases

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.