ATLAS PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Reg. No. 1988/00742/06)
("Atlas Properties" or "the Company")
Cautionary announcement
Holders of Atlas Properties linked ordinary shares and unsecured variable
rate subordinated debentures ("Atlas Properties linked units") are advised
that the Company is involved in negotiations which, if successfully
concluded, may have an effect on the price at which the Atlas Properties
linked units trade on the JSE Securities Exchange South Africa. Accordingly,
Atlas Properties linked unit holders are advised to exercise caution when
dealing in such linked units until a further announcement is made.
Cape Town
18 June 2001
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