Aflease - Resumption Of Aflease Expansion Programm
RESUMPTION OF AFLEASE EXPANSION PROGRAMME
The attention of shareholders is drawn to the withdrawal of a cautionary
announcement between Aflease and Durban Roodepoort Deep Limited ("the
companies"), in which the companies announced the suspension of
negotiations.
Aflease will continue with its current expansion programme as detailed in
the last quarterly report. A number of minority shareholders and an
independent financial institution have expressed an interest in providing
the additional capital required for this expansion plan. Further
announcements will be made shortly. The impact of this is for Aflease to
remain an independent, unhedged, low cost gold producer.
The sponsored Level I ADR programme on the Nasdaq will shortly be in
operation and shareholders will be kept informed of developments. This
should broaden shareholder participation and increase trading liquidity by
facilitating investment from offshore.
Johannesburg
17 September 2001
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