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Mon 6 Aug 2001, 0:00 Spescom - Cautionary Announcement
Spescom Limited
  (Incorporated in the Republic of South Africa)
  (Registration number 1987/001083/06)
  ("Spescom" or "the company")
Cautionary announcement
Shareholders are advised that the company is involved in negotiations which
have reached an advanced stage, and which, if successfully concluded, may
have an effect on the market price of the company's shares on the JSE
Securities Exchange South Africa.
  Shareholders are accordingly urged to exercise caution in dealing in their
Spescom shares until a further announcement is made.
By order of the Board
  Midrand
  6 August 2001
Sponsor
  Investec Securities Limited
  Member of the JSE
  Registration No. 1972/008905/06
Attorneys
  Kallmeyer & Strime Attorneys

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