Orbis Suspend Nav Calculations for its Global Equity, Optimal (US$), Leveraged (US$), Optimal (Euro)

Hamilton, Bermuda, 13 September 2000 - The BSX was today informed that due to the closure of the US stock markets, the calculation of the net asset value of shares of Orbis Global Equity Fund Limited, Orbis Optimal (US$) Fund Limited, Orbis Optimal (Euro) Fund Limited, Orbis Leveraged (US$) Fund Limited and Orbis Leveraged (Euro) Fund Limited has been temporarily suspended.

When stock markets re-open and the value of the investments of these funds can be reasonably and fairly ascertained, the calculation of the net asset value of shares of these funds will resume.

The net asset values for shares of Orbis Japan Equity (Yen) Fund Limited, Orbis Japan Equity (US$) Fund Limited and Orbis Africa Equity (Rand) Fund Limited will continue to be reported as usual.

# # #

For further information on the Orbis Funds, please contact Mr. James Dorr of Orbis Investment Management Limited at telephone: 296-3000 or facsimile: 296-3001.

For more information, contact Joanne MacPhee at the Bermuda Stock Exchange at phone 441-292-7212 or jmacphee@bsx.com. Information is also available at www.bsx.com, on Bloomberg at BSX , and on Reuters at THE BSX.

The Bermuda Stock Exchange is a fully-electronic offshore securities market founded in 1971. The BSX lists more than 300 securities -- including equities, mutual funds and bonds, as well as depository receipts -- and is a full member of the F.IB.V. (International Federation of Stock Exchanges) as well as being recognized by the U.S. SEC.