Shareholders are referred to the results announcement of 2 May 2001, which
stated that a comprehensive debt rescheduling is being negotiated with all
the banks and financiers of the group.
These negotiations are continuing and shareholders are advised to continue
to exercise caution when dealing in Paradigm shares until a detailed
announcement is made regarding the negotiations and the future of the group.
Cape Town
14 May 2001
Corporate Advisor
SASFIN BANK LIMITED
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