EXPLORER CORPORATION HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/010950/06)
("the Company")
SHARE CODE: EPL ISIN: ZAE000017489
FURTHER CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the cautionary announcements published on 13
February, 6 April, 27 June, 14 August and 5 October 2001.
Explorer continues to be involved in discussions that if successfully
concluded may have a material effect on the share price of the Company.
Accordingly, shareholders are advised to continue exercising caution when
dealing in the Company's securities until a further announcement is made.
Johannesburg
19 November 2001
SPONSOR
SASFIN BANK LIMITED
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