Capital Alliance - Further Cautionary Announcement
Capital Alliance Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1952/000756/07)
("Capital Alliance" or "the company")
Further cautionary announcement
Further to the cautionary announcement dated 16 March 2001, shareholders are
advised that negotiations with Investec Group Limited ("Investec") are
continuing relating to the acquisition of Fedsure Life Assurance Limited's
individual life businesses and 49,5% interest in Safrican (Proprietary) Limited
which, if successfully concluded, may have a material effect on the price at
which the company's shares trade on the JSE Securities Exchange South Africa.
Any agreement reached between Investec and Capital Alliance is conditional upon
Investec receiving the required regulatory approvals for its transaction with
Fedsure Holdings Limited.
Accordingly, shareholders are advised to continue to exercise caution when
dealing in the company's shares until a full announcement is made.
Johannesburg
30 April 2001
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