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Golden Arrow Bus Services (Pty) Ltd

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					Golden Arrow Bus Services (Pty) Ltd
                                       Media Release
                                         (No 05009)



BUS FARES ADJUSTMENT

Golden Arrow has received confirmation from the National Department of Transport
that its application for a 5% adjustment in bus fares, with effect from Monday 8
August 2005, has been approved.

The fare adjustment has been necessitated by the sharp increase in the price of
diesel fuel since January this year. The latest fare adjustment will only recoup a
fraction of the increased fuel cost which has risen by almost 35% during this time.

All fares, including cash fares and those for pensioners and scholars, are affected by
the adjustment. It is possible, because of the validity periods of the 10-ride and
monthly clipcards, for commuters to postpone paying the increased fares.

Both weekly clipcards (14 day validity from date of purchase) and monthly clipcards
(37 day validity from date of purchase) bought before Monday 08 August 2005 will
still be sold at the old price. This means that a 10-ride clipcard bought on Sunday 07
August 2005 would be accepted until 21 August 2005. Similarly, a monthly clipcard
bought on the same date could be used until 12 September 2005.

A decision to adjust bus fares was not taken lightly as the company is well aware of
the effects of increased costs on commuters. The best way to ensure affordable bus
travel is still to buy a weekly or monthly clipcard.

A schedule with details of selected fares is attached.


                                             END

Issued by:             FE Meyer, General Manager
Media enquiries:       Vuyisile Mdoda, Corporate Relations Manager, (021) 507 8800
Date:                  02 August 2005

103 Bofors Circle Epping Industria PO Box 1795 Cape Town 8000
Tel. 021 5078800 email: information@gabs.co.za Website: http://www.gabs.
Fares increase August 2005

                                           Clipcard (per trip)    Cash (per trip)
ROUTE                                     Current      New       Current   New
Atlantis to Cape Town                          7.60         8.00   22.70    23.80
Atlantis to Koeberg Power                      4.45         4.65   10.70    11.20
Station/Melkbos
Bellville to Hanover Park                     4.55        4.80     9.80    10.30
Bellville to Welgemoed                        3.45        3.60     4.10     4.30
Bellville to Cape Town                        4.45        4.65    10.00    10.50
Blue Downs Claremont/Rondebosch               4.85        5.10    12.60    13.20
Blue Downs to Wynberg                         4.85        5.10    12.60    13.20
Blue Downs to Cape Town                       5.05        5.30    14.30    15.00
Bothasig to Cape Town                         4.35        4.55     8.40     8.80
Cape Town to Heideveld                        4.45        4.65     8.10     8.50
Cape Town to Langa                            4.35        4.55     8.00     8.40
Claremont to Heideveld                        4.65        4.90    10.30    10.80
Darling to Cape Town                          8.20        8.60    28.30    29.70
Dassenberg to Atlantis                        4.65        4.90     7.80     8.20
Durbanville to Cape Town                      4.65        4.90    14.30    15.00
Elsies River to Century City / Montague       4.45        4.65     8.20     8.60
Gnds
Elsies River to Tygerberg Hospital            3.55        3.75     4.60     4.80
Hanover Park to Maitland                      4.35        4.55     8.10     8.50
Hout Bay to Cape Town                         4.65        4.90     9.90    10.40
Khayelitsha to Cape Town                      4.85        5.10    15.30    16.10
Kloof Nek to Cape Town                        3.15        3.30     4.30     4.50
Pensioner                                     2.90        3.05
Scholars under 17                             5.95        6.25

				
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