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Thu 5 Apr 2001, 0:00 Masonite - Further Cautionary Announcement
Masonite (Africa) Limited
  (Incorporated in the Republic of South Africa)
  (Registration number 1942/015502/06)
  ("Masonite")
Further cautionary announcement
Further to the cautionary announcement dated 23 February 2001, shareholders are
advised that International Paper, the ultimate holding company of Masonite, has
completed an agreement with Premdor Incorporated of Canada for the purchase of
Masonite's holding company, Masonite Corporation of the United States ("the
acquisition"). The acquisition is awaiting United States Department of Justice
approval.
Shareholders are accordingly advised to continue exercising caution when
dealing in their shares until such time as a further announcement is made.
Durban
5 April 2001
Investment Bank and Sponsor
  Nedcor Investment Bank
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