PRIMEDIA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/003355/06)
("Primedia")
Announcement
Primedia unitholders are advised that the current discussions regarding the
proposed merger between Primedia and Kagiso Media Limited ("the proposed
transaction") have been terminated. The board of directors of Primedia has
decided against concluding the proposed transaction until the realisation of
additional non-core assets has progressed further.
Johannesburg
14 March 2001
Merchant bank
Investec Corporate Finance
Investec Bank Limited
(Registration number 1969/004763/06)
Sponsor
Merrill Lynch
Smith Borkum Hare
Merrill Lynch South Africa (Pty) Ltd
Registered Sponsor and
Member of the JSE Securities Exchange South Africa
Registration number 1995/001805/07
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