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CAPE EMPOWERMENT TRUST LIMITED
(Registration Number 1988/014606/06)
(Incorporated in the Republic of South Africa)
Share Code  : CAE
ISIN Code   : ZAE 000016952
("CET")
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement published on 15 November
2001shareholders are advised that CET is no longer involved in negotiations
which could have an effect on the price at which CET's shares trade on the
JSE Stock Exchange South Africa. Shareholders are accordingly advised that
caution is no longer necessary when dealing in CET's shares.
Cape Town
20 December 2001
Investment Bank and Sponsor
PSG Investment Bank

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