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Seartec Limited
(Registration number 1987/004962/06)
("Seartec")
CAUTIONARY ANNOUNCEMENT
Seartec shareholders are advised that negotiations are in progress which, if
successfully concluded, may affect the share price of Seartec shares.
Seartec shareholders are accordingly advised to exercise caution when dealing
in their shares until a further announcement is made.
Cape Town
12 February 2001
Corporate Adviser
ACF
Ansdale Management Services (Pty) Ltd
trading as Ansdale Corporate Finance
(Registration number 95/03429/07)

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