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Fri 25 May 2001, 0:00 Excellerate Holdings Limited - Further Cautionary
(formerly CedarGro Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1997/009884/06)
("the company")
Further Cautionary Announcement
Shareholders are referred to the further cautionary announcement published
on 12 April 2001, and are advised that negotiations are still in progress
which, if successfully concluded may have a material effect on the price of
the company's shares. Accordingly, shareholders are advised to continue
exercising caution when dealing in the company's shares until a further
announcement is made.
Sandton
25 May 2001
Investment bank and joint sponsor
Nedcor Investment Bank
Joint sponsor
ENF Sponsors (Pty) Ltd 
(Registration number 2000/027636/07)

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