Further Information Regarding Disposal Of Property
Further information regarding disposal of property and renewal of cautionary
announcement
Wooltru Limited
(Incorporated in the Republic of South Africa)
(Registration number 1936/008278/06)
("WOOLTRU")Share Code: WLO ISIN Code: ZAE000007993
Share Code: WLN ISIN Code: ZAE000008744
Share Code: WLOP ISIN Code: ZAE000008009
Share Code: WLP1 ISIN Code: ZAE000008017
Further information regarding disposal of property and renewal of cautionary
announcement
1. Disposal of Property
Further to the announcement of 7 May 2003, regarding the disposal of a property
("Jet Park") situated at Erf 448 Jet Park Extension 14, shareholders are advised
that all conditions precedent to the sale of Jet Park to V.S.M. Investments
(Pty) Limited have been met and transfer is expected to be effected by 1 July
2003.
A valuation report on Jet Park and the purchase and sale agreements relating to
the transaction will be available for inspection by shareholders at the
Registered Office of Wooltru (5 Corporation Street, Cape Town, 8001) and at the
Registered Office of Cazenove, Wooltru"s sponsor (First Floor Moorgate, Dunkeld
Park, 6 North Road, Dunkeld West, 2196) for 30 days from the date of this
announcement.
2. Renewal of Cautionary Announcement
Further to the updated cautionary announcement dated 7 May 2003, shareholders
are advised that the liquidation of CNA and other related matters have not yet
been resolved. Until further information is available, shareholders are advised
to continue to exercise caution when dealing in their Wooltru Ordinary or "N"
Ordinary shares. Shareholders will be kept informed of any material
developments.
Cape Town
9 June 2003
Financial Adviser and Sponsor
Cazenove
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
