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IFANET LIMITED
  (Formerly Finshare Limited)
  (Registration Number 1995/006144/06)
  (Incorporated in the Republic of South Africa)
  ("IFAnet" or "the company")
Cautionary announcement
   Shareholders  are advised that the company has entered into  negotiations
with  a  strategic  investor.  The successful outcome  thereof  may  have  a
material effect on the price at which the company's shares trade on the  JSE
Securities Exchange South Africa.
   Shareholders  are accordingly advised to exercise caution in  dealing  in
their IFAnet shares until a further announcement in this regard is made.
Cape Town
26 June 2001
Sponsor
  LPC Manhattan Sponsors (Pty) Ltd
  (Registration number 1999/024792/07)
File name: ifanet cp 2606.doc

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