Nedcor Limited - Withdrawal Of Cautionary Announce
Nedcor Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/010630/06)
("Nedcor")
Withdrawal of cautionary announcement
Further to the cautionary announcement of 22 June 2001, shareholders are
advised that, given the recent volatility in the share price of Dimension
Data Holdings plc ("Dimension Data"), Nedcor has determined that it would be
advisable to retain maximum flexibility in relation to its shareholding in
Dimension Data. Any course of action relating to the investment in Dimension
Data embarked on in the future will be with due regard to the interests of
Nedcor shareholders and the value of the investment in Dimension Data.
Accordingly, shareholders are no longer advised to exercise caution when
dealing in their Nedcor shares.
Johannesburg
2 August 2001
Investment bank and joint Sponsor
Nedcor Investment Bank
Corporate law advisers and consultants
Edward Nathan Friedland (Pty) Ltd
(Registration number 1999/026464/07)
Joint lead sponsors
UBS Warburg Securities South Africa (Pty) Ltd
A financial services group of UBS AG
(Member of the JSE Securities Exchange South Africa)
(Registration number 1995/0011140/07)
Merrill Lynch Smith Borkum Hare
Merrill Lynch South Africa (Pty) Ltd.
Registered Sponsor and Member of the JSE Securities Exchange South Africa
Registration number 1995/001805/07
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