BDM                                                                             
BDM - Buildmax Limited - Trading update and cautionary                          
Buildmax Limited                                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1995/012209/06)                                            
Share code: BDM     ISIN: ZAE000011250                                          
("the company" or "the Group")                                                  
Trading Update and Cautionary                                                   
The Board of Directors wish to advise shareholders in compliance with paragraph 
3.4 of the Listings Requirements of the JSE Limited, that in respect of the 12  
months ended 31 March 2007, as compared to the previous corresponding period:   
basic earnings per share are expected to increase by 87%;                       
headline earnings per share are expected to increase by 68%.                    
Headline earnings represent basic earnings excluding the Group's profit on      
disposal of property, plant and equipment as well as profit on discontinued     
operations in the form of a tax refund in respect of Watson Tile & Concrete.    
Shareholders are advised that the information contained in the Trading Statement
has been audited by the Group's external auditors.                              
The Group's results for the year ended 31 March 2007 will be released on SENS on
or before Thursday, 28 June 2007.                                               
Further cautionary announcement                                                 
Further to the cautionary announcements released on SENS on 28 March 2007 and 10
May 2007, shareholders are advised that the discussions referred to therein are 
continuing. Accordingly, shareholders are advised to continue to exercise       
caution when dealing in the company's securities until a further announcement.  
Johannesburg                                                                    
18 June 2007                                                                    
Sponsor                                                                         
SASFIN CAPITAL                                                                  
Date: 18/06/2007 17:27:01 Produced by the JSE SENS Department.