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Metje & Ziegler Limited
  (Registration number 196)
  (Date of incorporation: 9 July 1964)
  Share code: MZG   ISIN: ZAE000031274
  ("the company")
Cautionary announcement
Shareholders are advised that the company has entered into negotiations,
which if successfully concluded, may have a material effect on the price of
the company's securities. Accordingly, shareholders are advised to exercise
caution when dealing in the company's securities until a full announcement
is made.
  Windhoek
  2 October 2001
Sponsor in South Africa
  HSBC
Sponsoring broker in Namibia
  HSBC
  Phillip JA van Heerden
  Member of the Namibian Stock Exchange
  Trading as
  HSBC Securities (Namibia) (Pty) Limited
  Reg. No. 95/505

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