Interim Results

Kakuzi Ld
02 September 2005


                                              KAKUZI LIMITED

                                DIVIDEND ANNOUNCEMENT AND EXTRACT FROM THE
                                       INTERIM FINANCIAL STATEMENTS
                               FOR THE PERIOD OF SIX MONTHS TO 30 JUNE 2005

The unaudited results for the Kakuzi Group for the period of six months to 30 June 2005 and the
comparative figures for the previous year are as follows:  -

                                                             30 June 2005                  30 June 2004
                                                                  Shs'000                       Shs'000

Turnover                                                          501,025                       622,263

                        Continuing operations                     501,025                       590,951
                        Discontinuing operations                        -                        31,312
Operating loss                                                    (71,075)                       (4,586)
                        Continuing operations                     (71,075)                       33,875
                        Discontinuing operations                        -                       (38,461)
Net finance costs                                                 (18,338)                      (23,652)
Loss before income tax                                            (89,413)                      (28,238)
                        Continuing operations                     (89,413)                       10,223
                        Discontinuing operations                        -                       (38,461)

Income tax credit                                                  30,210                         7,076
Loss attributable to the members of Kakuzi                        (59,203)                      (21,162)
Limited

                                                                      Shs                           Shs

Loss per stock unit - Basic and Diluted                             (3.02)                        (1.08)


The Interim Financial Statements have been prepared in accordance with
International Financial Reporting Standards including IAS 41 - Agriculture.

Production on our tea estates is running close to last year's level but prices
have fallen significantly.  Production from our pineapple joint venture with Del
Monte Kenya Ltd has been lower than in previous years.  At present the most
serious matter affecting Kakuzi Limited is the continuing strength of the Kenya
shilling against currencies in which we sell our products overseas.

In view of the loss we are reporting for the first six months of the year, the
Directors do not recommend the payment of an interim dividend.


Dr. T R Fowkes
Chairman
31st August 2005.



                      This information is provided by RNS
            The company news service from the London Stock Exchange