WESTERN AREAS Limited
Share code : WAR
ISIN : ZAE000016549
Johannesburg, 5 November 2001 - Following the announcement by Western Areas
on Friday that it had decided not to sell its 50% interest in the South Deep
Project and had instead negotiated a facility which would raise up to US$125
million, enabling it to make a further distribution to shareholders in due
course, the company said today shareholders would be advised of full details
of a proposed distribution upon the finalisation of all the associated
documentation and the satisfaction of conditions precedent. It hopes to
complete these in the course of this year.
Issued by du Plessis Associates on behalf of Western Areas Limited. dPA
contact Kathy du Plessis on Tel : +27 11 728 4701, mobile : +27 (0) 83 266
5847 or e-mail: westernareas@dpa.co.za
For further details please contact
Brett Kebble on +27 11 688-5074 or +27 (0) 83-633-1803
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