JOINT ANNOUNCEMENT
NETWORK HEALTHCARE HOLDINGS LIMITED ("Netcare")
Registration number (1996/008242/06)
and
CLINIC HOLDINGS LIMITED ("Clinics")
Registration number (1987/004106/06)
AMENDMENT TO THE ANNOUNCEMENTS PUBLISHED ON 23 MAY 2001 REGARDING CAPITAL
DISTRIBUTIONS AND NOTICE OF LAST DAY TO REGISTER FOR THE CAPITAL
DISTRIBUTIONS.
Notice is hereby given that the respective Boards of Directors of Netcare
and Clinics have proposed that Interim Capital Distributions as reflected
below, will be paid out of share premium to members registered in the books
of Netcare and Clinics at the close of business on 6 July 2001. Such
distributions are subject to the approval of shareholders at general
meetings of Netcare and Clinics scheduled for 4 July 2001.
Amounts of Capital Distribution:
NETCARE - 3,5 cents per share
CLINICS - 6,0 cents per share
Cheques in respect of the capital distribution out of share premium will be
posted to members at their registered addresses or electronically
transferred to their bank accounts on or about 13 July 2001.
After the payment out of share premium, each of Netcare and Clinics will be
able to pay their debts as they become due in the ordinary course of
business, and their consolidated assets, fairly valued, will exceed their
consolidated liabilities.
Further details in this regard will be contained in a circular to be posted
to shareholders of Netcare and Clinics on or about 19 June 2001.
J Wolpert
Company Secretary
6 June 2001
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