Avgold Limited Withdrawal Of Cautionary Announceme
AVGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1990/007025/06)
(Share code AVG ISIN ZAE000012175)
("Avgold" or "the company")
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement published in the press on 18 December
2001 shareholders are advised that the Board of Directors of Avgold has
discontinued its discussions with interested parties regarding the disposal
of the company's ETC gold mining complex in Barberton, Mpumalanga Province,
in view of the change in the mine's value following the recent weakness of
the South African Rand against the United States Dollar. Avgold will now
review future strategic management plans for ETC
Accordingly, shareholders no longer need to exercise caution when dealing in
the company's shares.
Johannesburg
20 December 2001
Merchant bank
Investec Corporate Finance
Investec Bank Limited
Sponsor
Deutsche Securities
Member of the Deutsche Bank Group
Deutsche Securities (SA) (Proprietary) Limited
(Registration number 1995/011798/07)
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