Network Healthcare Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/008242/06)
("Netcare")
Announcement
Shareholders are referred to the announcement dated 5 June 2001relating to
the acquisition of Medicross Healthcare Group (Pty) Limited ("Medicross")
and the additional investment in the Ampath Trust ("the transaction").
As disclosed in the announcement, the transaction was subject, inter alia,
to approval of the Competition Tribunal by 30 October 2001.
Shareholders are hereby advised that the Competition Commission approved the
transaction on 16 August 2001, and accordingly, Netcare may now proceed with
the implementation of the transaction.
Sandton
17 August 2001
Sponsor to Netcare
Merrill Lynch logo
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