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Fri 9 Mar 2001, 0:00 Rights Offer By Tradehold And Announcement Of Last
Tradehold Limited
  Incorporated in the Republic of South Africa
  (Registration number 1970/009054/06)
  ("Tradehold")
Rights offer by Tradehold to raise approximately R555 million
and announcement of last day to register
1. Introduction
   In the Pre-listing Statement of Tradehold published on 9 October 2000 and in
the interim profit announcement published on 21 February 2001 it was stated
that the directors were considering proposals for the repayment of Tradehold's
South African debt from the proceeds of a rights offer.
2. Tradehold rights offer and last day to register
   The directors have resolved to raise approximately R555 million by way of a
rights offer of new Tradehold shares to shareholders of Tradehold registered as
such at the close of business on Friday, 23 March 2001 ("the record date").
This is subject to the passing, and where applicable, the registration by the
Registrar of Companies, of the resolutions to be proposed at the general
meeting of Tradehold convened to be held on Monday, 19 March 2001.
3. Further announcements
   Further announcements containing, inter alia, salient dates and times will
be made in due course.
Cape Town
9 March 2001
Corporate adviser
  Javelin Capital Limited
  (Registration number 2000/010500/06)
Sponsor
  Barnard Jacobs Mellet Corporate Finance

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