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Thu 17 May 2001, 0:00 Abacus - Further Cautionary Announcement
ABACUS TECHNOLOGY HOLDINGS LIMITED
  (Incorporated in the Republic of South Africa)
  (Registration number 1991/004163/06)
  ("Abacus")
Further cautionary announcement
Shareholders are advised that further to the cautionary announcement dated
30 March 2001 discussions are continuing which are likely to result in an
offer being made to Abacus shareholders at a price of 10 cents per Abacus
share by Investec Group Limited ("the offer").
Accordingly, Abacus shareholders are advised to exercise further caution
when dealing in their Abacus shares until a detailed announcement is made
relating to the offer.
Johannesburg
17 May 2001
Merchant bank
  Investec Corporate Finance
  Investec Bank Limited
  (Registration number 1969/004763/06)
Sponsor
  Investec Securities Limited
  Member of the JSE
  Registration No. 1972/008905/06
Corporate adviser
  Global Capital (Pty) Limited
  (Registration number 1998/022057/07)



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