Mb Technologies Limited: Renewal Of Cautionary Ann
MB TECHNOLOGIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/008964/06)
LIVE TECHNOLOGY INTERNATIONAL
Renewal of cautionary announcement
Shareholders are referred to the cautionary announcement dated 9 May 2001
and are advised that LiveTechnology International Inc., one of MB
Technologies Limited's USA-based Internet technology companies, is
continuing the process of negotiating a worldwide exclusive license
arrangement in respect of one of its proprietary technology suites.
All the major terms of the agreement have been agreed in a signed non-
binding term sheet. The transaction process is continuing and is subject to
the signing of definitive legal documents, which is in progress.
The directors of MB Technologies Limited are of the opinion that the
successful conclusion of the transaction may have an effect on the MB
Technologies Limited share price and consequently advise shareholders to
exercise caution when dealing with their shares.
Johannesburg
19 June 2001
Sponsor
Merrill Lynch South Africa (Pty) Ltd
Registration number 1995/001805/07
Member of the JSE Securities Exchange South Africa
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
