HICOR LIMITED
Registration Number 1981/011496/06
("Hicor")
Share Code : HOR
ISIN Number : ZAE000003331
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement published on 2 November 2001
shareholders are advised that Hicor is no longer involved in negotiations
which could have an effect on the price at which Hicor's shares trade on the
JSE Stock Exchange South Africa. Shareholders are accordingly advised that
caution is no longer necessary when dealing in Hicor's shares.
Pretoria
21 December 2001
Investment Bank and Sponsor
PSG Investment Bank
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