Nail / Metropolitan - Further Joint Cautionary Ann
NEW AFRICA INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/002467/06)
("NAIL")
METROPOLITAN LIFE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1949/032491/06)
("Metropolitan")
FURTHER JOINT CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement dated 5 March 2001 in respect of the
convergence of NAIL and Metropolitan and the Metropolitan restructuring, the
return of capital to NAIL shareholders and NAIL's non-financial services
assets, shareholders of NAIL and Metropolitan ( Collectively, the "Companies")
are advised to continue exercising caution when dealing in the Companies'
securities until a further announcement is made.
NAIL Metropolitan
Johannesburg Bellville
17 April 2001 17 April 2001
Financial Adviser to NAIL
Deutsche Securities (SA) (Proprietary) Limited
(Registration number 1995/011798/07)
Corporate Law Adviser and Consultant to NAIL
Edward Nathan & Friedland (Pty) Ltd
Registration number 1999/26464/07)
Legal Adviser to NAIL
Chuene Kwinana Motsatse Inc.
Attorney, Notaries & Conveyancers
Registration number 1997/00918/21
Financial Adviser and Sponsor to Metropolitan in South Africa
N M Rothschild & Sons
Legal Adviser to Metropolitan
Deneys Reitz
Attorneys
Sponsoring Broker to Metropolitan in Namibia
Lexus Securities (Pty) Ltd
Joint Sponsors to NAIL
Deutsche Securities (SA) (Proprietary) Limited
(Registration number 1995/011798/07)
Wipcapital (Proprietary) Limited
(Registration number 1997/021195/07)
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