AVGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1990/007025/06)
(Share code AVG ISIN ZAE000012175)
("Avgold" or "the company")
FURTHER CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement published in the press on 6 November
2001, shareholders are advised that the Board of Directors of Avgold is
continuing its discussions with interested parties regarding the disposal of
the company's ETC gold mining complex in Barberton, Mpumalanga Province.
Accordingly, shareholders are advised to exercise caution when dealing in
the company's shares until a further announcement is made.
Johannesburg
18 December 2001
Merchant bank
Investec Corporate Finance
Investec Bank Limited
(Registration number 1969/004763/06)
Sponsor
Deutsche Securities
Member of the Deutsche Bank Group
Deutsche Securities (SA) (Proprietary) Limited
(Registration number 1995/011798/07)
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