KERSAF INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1967/007528/06)
("Kersaf")
Cautionary announcement
Shareholders are advised that Kersaf has entered into negotiations which, if
successfully concluded, may have a material effect on the price of Kersaf's
shares. Accordingly, shareholders are advised to exercise caution when
dealing in their Kersaf shares until a further announcement is made.
Shareholders are further advised that this cautionary announcement is
unrelated to the joint cautionary announcement published by Kersaf and
Primedia Limited on 25 May 2001.
Sandton
15 June 2001
Financial adviser and sponsor
Ing Barings
Corporate adviser
Corpcapital Corporate Finance
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