McCarthy Retail Limited
(Incorporated in the Republic of South Africa)
(Registration number 1991/003245/06)
("McRetail")
Cautionary announcement
Shareholders and debenture holders are advised that McRetail is currently
investigating various capital restructuring alternatives.
A detailed announcement in this regard is planned to coincide with the release
of McRetail's interim financial results, which has been postponed till the end
of March.
Shareholders and debenture holders are advised to exercise caution when dealing
in their shares and debentures until such time as a further announcement is
made.
Durban
23 February 2001
RAND MERCHANT BANK
CORPORATE FINANCE
A Division of FirstRand Bank Limited
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