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Tue 3 Jul 2001, 0:00 Spicer Holdings Limited: - Cautionary Announcement
Spicer Holdings Limited
  (Incorporated in the Republic of South Africa)
  (Registration number 1984/005392/06)
  ("Spicer" or "the Company")
Cautionary Announcement
ABN AMRO Securities (South Africa) (Pty) Ltd is authorised to announce that
Spicer has entered into negotiations which, if successfully concluded, may
have an effect on the price of the Company's shares.
Shareholders are advised to exercise caution when dealing in their Spicer
shares until a further announcement is made.
Sandton
4 July 2001
Sponsor
  ABN-AMRO Securities (South Africa) (Pty) Ltd.
  Registration number 1995/001231/07
  Member of the JSE Securities Exchange South Africa

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