PARAMOUNT PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1945/019928/06)
Share code: PRA
ISIN code: ZAE000028577
("Paraprop" or "the company")
Cautionary announcement
The directors of Paraprop advise that negotiations are in progress for the
acquisition of further properties which, if successfully concluded, could
affect the price of the company's linked units on the JSE Securities
Exchange South Africa ("JSE").
Accordingly, Paraprop shareholders are advised to exercise caution when
dealing in their linked units on the JSE until a further announcement is
made.
Cape Town
26 September 2001
Corporate adviser and Sponsor
Barnard Jacobs Mellet Corporate Finance
(Pty) Limited
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