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Mon 6 Aug 2001, 0:00 I-fusion - Cautionary Announcement
-Fusion Holdings Limited
  (Incorporated in the Republic of South Africa)
  (Registration number 1983/013542/06)
  ("I-Fusion" or "the company")
Cautionary announcement
Shareholders are advised that discussions are taking place regarding the
acquisition by The Bidvest Group Limited ("Bidvest") of the total share
capital of I-Fusion other than the shares already owned by Bidvest.
  Shareholders are accordingly urged to exercise caution in dealing in their
I-Fusion shares until a further announcement is made.
By order of the Board
  Johannesburg
  6 August 2001
Sponsor
  Investec Securities Limited
  Member of the JSE
  Registration No. 1972/008905/06

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