WOOLTRU LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1936/008278/06)
("Wooltru" or "the Company")
Share code WLO ISIN ZAE000007993
Share code WLN ISIN ZAE000008744
Share code WLOP ISIN ZAE000008009
Share code WLP1 ISIN ZAE000008017
FURTHER CAUTIONARY ANNOUNCEMENT
On 10 December 2001 Wooltru released an update on the unbundling, and a
further cautionary announcement. In the announcement, shareholders were
advised that the Company was awaiting the coming into law of the Second
Revenue Laws Amendment Bill 2001, and was seeking clarity on certain
provisions of the proposed new legislation before approving the unbundling.
The new legislation has now been promulgated. However, Wooltru still
requires clarification on certain issues stemming from the new legislation,
as their interpretation could affect the unbundling. The Wooltru Board will
meet as soon as these uncertainties have been resolved, whereafter the
timing of the unbundling will be announced.
Wooltru Ordinary and "N" Ordinary shareholders are, therefore, urged to
continue to exercise caution when dealing in their shares.
23 January 2002
Financial advisor
Cazenove
Sponsor
Merrill Lynch South Africa (Pty) Ltd
Registered sponsor and
Member of the JSE Securities Exchange South Africa
Registration number 1995/001805/07
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