Pretoria Portland Cement Company Limited
(Registration number 1892/000667/06)
("PPC")
Portland Holdings Limited
(Registration number 83/46)
("Porthold")
FURTHER CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcements published to date, shareholders are
advised that the proposed acquisition by PPC of 100% of the issued share
capital of Porthold ("the acquisition") is still subject to certain
conditions precedent. These include, inter alia, the formal approvals of
various Zimbabwe regulatory authorities. In the event that such approvals
are received, an announcement setting out the full terms and conditions of
the acquisition, incorporating the financial effects thereof, will be
published in the press. Accordingly, PPC and Porthold shareholders are
advised to continue to exercise caution when dealing in their shares until a
further announcement is made.
Johannesburg and Harare
13 June 2001
Merchant bank to PPC:
Standard Corporate and Merchant Bank
Attorneys to PPC:
Bowman Gilfillan Inc.
Sponsor to PPC in South Africa:
Cazenove
Sponsoring broker to PPC in Zimbabwe:
Sagit
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