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Tue 27 Nov 2001, 0:00 Bidvest Appoints Investec And Nedbank For A Domest
The Bidvest Group Limited
(Incorporated in the Republic of South Africa)
Registration number: 1946/021180/06
("Bidvest")
Share Code: BVT
ISIN Code: ZAE000008132
NEWS RELEASE
Bidvest appoints Investec and Nedbank for a domestic bond issue
The Bidvest Group Limited has appointed Investec Bank and Nedbank as Joint
Managers for its inaugural bond issue.
The bond issue will provide the Bidvest Group with term funding of between
three and six years, while broadening its funding base to include the debt
capital market.
The issue is planned for launch early next year. It is anticipated that
Bidvest will be raising approximately R1.5 billion. Further details relating
to the issue will be determined closer to the launch.
Contact person:     Jack Hochfeld
                    Group Corporate Finance and Investor Relations
                    (011) 481-4103
                    jackh@bidvest.co.za


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