BDM                                                                             
BDM - Buildmax Limited - Unconditional mandatory offer                          
Buildmax Limited                                                                
(Registration No. 1995/012209/06)                                               
Share Code: BDM  ISIN Code: ZAE000011250                                        
("Buildmax")                                                                    
UNCONDITIONAL MANDATORY OFFER                                                   
Buildmax shareholders are referred to the announcement dated 8 October 2007     
relating to a change in control of Buildmax and a resulting mandatory offer to  
Buildmax shareholders to acquire their shares at a price of 145 cents per share 
("the offer").                                                                  
The disposal by SMG Holdings Limited ("SMG") of 28 373 910 of its shares in     
Buildmax has been approved by SMG shareholders at a general meeting held on     
Tuesday, 23 October 2007 and accordingly, the offer is now unconditional. The   
salient dates are as per the announcement dated 8 October 2007, with the closing
date of the offer remaining Friday, 9 November 2007.                            
Buildmax shareholders are referred to the cautionary announcement released on 26
September 2007 and are advised to continue to exercise caution.                 
Johannesburg                                                                    
24 October 2007                                                                 
Corporate and legal advisors                                                    
Java Capital (Proprietary) Limited                                              
Independent advisor and sponsor                                                 
Sasfin Capital                                                                  
a division of Sasfin Bank Limited                                               
Date: 24/10/2007 17:09:02 Produced by the JSE SENS Department.                  
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