EXCELLERATE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/009884/06)
("the company")
Further Cautionary Announcement
Shareholders are referred to the further cautionary announcement published on 6
February 2001 and are advised that negotiations are still in progress which, if
successfully concluded, may have a material effect on the price of the
company's shares. Accordingly, shareholders are advised to continue exercising
caution when dealing in the company's shares until a further announcement is
made.
Johannesburg
12 April 2001
Investment Bank and Joint Sponsor
Nedcor Investment Bank
Corporate law advisers and consultants
Edward Nathan & Friedland (Pty) Ltd
(Registration number 1999/026464/07)
Joint Sponsor
ENF Sponsors (Pty) Ltd
(Registration number 2000/027636/07)
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