SAAMBOU HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/004170/06)
("Saambou")
Cautionary announcement
Saambou shareholders are advised that Fedsure Life Assurance Limited
("Fedsure") has initiated a process that could result in the disposal of its
approximate 41% shareholding in Saambou to a new controlling shareholder. The
board of directors and management of Saambou support and will directly
participate in this process.
Accordingly, shareholders of Saambou are advised to exercise caution when
dealing in their shares until a further announcement is made.
Pretoria
24 April 2001
Corporate adviser to Saambou
ABN-AMRO Securities (South Africa) (Pty) Ltd.
Registration number 1995/001231/07
Member of the JSE Securities Exchange South Africa
Sponsor
ABN-AMRO Securities (South Africa) (Pty) Ltd.
Registration number 1995/001231/07
Member of the JSE Securities Exchange South Africa
Merchant bank to Fedsure
Investec Corporate Finance
Investec Bank Limited
(Registration number 1969/004763/06)
Attorneys to Saambou
Jowell, Glyn & Marais Inc
(Registration number 1990/000849/21)
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