("Treacle") Of An Interest In Erp.Com Holdings Limited
ACQUISITION BY TREACLE VENTURE PARTNERS ("TREACLE") OF AN INTEREST IN
ERP.COM HOLDINGS LIMITED
As previously communicated to the JSE and the investment community, in
October 2001 Treacle acquired a 14,5% interest in ERP.com Holdings Limited
for a consideration of R5,8 million. This coincided with the appointment of
Rudolf Pretorius, a partner in Treacle, to the ERP.com Holdings Limited
board of directors.
Treacle subscribes to the practice of good corporate governance and believes
that it is in the best interests of all stakeholders to inform the
investment community of its dealings in ERP.com securities.
Between 1-15 November 2001 Treacle acquired an additional 427 600 shares and
during the period 16-22 November 2001 an additional 41 900 shares were
acquired. Treacle's equity interest is currently 14,7%.
22 November 2001
Company Secretary
ERP.com Holdings Limited
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