MB TECHNOLOGIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/008964/06)
Cautionary announcement
The directors of MB Technologies Limited are authorised to announce that one of
its Internet technology companies, LiveTechnology International Inc., is in the
process of negotiating a worldwide exclusive license arrangement in respect of
one of its proprietary technology suites.
All the major terms of the agreement have been agreed in a signed non-binding
term sheet. The transaction is subject to due diligence and the preparation of
definitive legal documents.
The directors of MB Technologies Limited are of the opinion that the successful
conclusion of the transaction may have an effect on the MB Technologies Limited
share price and consequently advise shareholders to exercise caution when
dealing with their shares.
Johannesburg
8 May 2001
Sponsor
Merrill Lynch South Africa (Pty) Ltd
Registered sponsor and
Member of the JSE Securities Exchange South Africa
Registration number 1995/001805/07
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