NOTES TO THE ANNUAL FINANCIAL STATEMENTS  
for the year ended 31 December 2005

        GROUP   COMPANY  
            2005        2004        2005         2004  
        Rm   Rm   Rm   Rm  

8.

INTEREST-BEARING RECEIVABLES AND LOANS

                 
  Secured                  
  African Hide Trading Corporation (Pty) Limited     8,9      
  Less: current portion     (2,5)      
  Non-current portion     6,4      
  The loan to African Hide Trading Corporation (Pty) Limited bore interest at prime rate and was repayable in 48 equal monthly instalments. Suretyship was provided by Courthiel Holdings (Pty) Limited, who was co-principal debtor to the loan. The loan was repaid during 2005.