QUALIFIED AUDIT OPINION ON ANNUAL FINANCIAL STATEMENTS
* Oxbridge Online Limited ("OXBRIDGE")
The JSE Securities Exchange South Africa ("the JSE") advises that the audit
opinion on Oxbridge's Annual Financial Statements for the year ended 30 June
2000 has been qualified.
Accordingly, Oxbridge's listing on the JET system of the JSE will be annotated
with a "Q" with effect from 5 February 2001, to indicate the qualification.
This annotation will be removed when the company produces an unqualified audit
opinion.
This announcement has been placed by the JSE in the interests of shareholders.
5 February 2001
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