Cautionary Notice

MEIKLES LIMITED                                

                               CAUTIONARY NOTICE                               

Shareholders are advised that the Group is in advanced negotiations with a
shareholder in one of the Group's subsidiaries for such shareholder to increase
its shareholding in the subsidiary.

Accordingly, shareholders are advised to exercise caution in dealing in the
Company's shares.

COMPANY SECRETARY

MEIKLES LIMITED

21 October 2010