Paramount Property Fund Limited - Further Cautiona
Paramount Property Fund Limited
(formerly Ovbel Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1945/019928/06)
Share code: PRA
ISIN code: ZAE000028577
("Paraprop" or "the company")
Further cautionary announcement
Further to the cautionary announcement dated 13 November 2001, Paraprop
linked unitholders are advised that Paraprop remains in negotiations
relating to the acquisition of properties which, if successfully concluded,
may have an effect on the price of the company's linked units on the JSE
Securities Exchange South Africa. Accordingly, linked unitholders are
advised to continue exercising caution in their dealings in Paraprop linked
units until a further announcement is made.
Cape Town
21 December 2001
Corporate adviser and sponsor
Barnard Jacobs Mellet Corporate Finance
(Pty) Limited
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