MONEX LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/010805/06)
Share code : MNX
ISIN Code : ZAE000025748
("Monex")
WITHDRAWAL OF CAUTIONARY
1. INTRODUCTION
It was announced in the press on 13 November 2001, that BoE Bank Limited
will make an offer to minority shareholders of Monex to acquire all their
shares in Monex at a price of 80 cents per Monex share ("the offer").
It was also announced in the press on 19 November 2001 and 14 December
2001 that Monex is in negotiations regarding the possible disposal of its
interest in Canal Walk shopping centre to an unrelated third party ("the
proposed sale").
2. WITHDRAWAL OF CAUTIONARY
Monex shareholders are advised that negotiations regarding the proposed
sale have been terminated, and accordingly, caution is no longer required in
trading in the Monex shares.
The offer will not be affected by the termination of the negotiations
for the proposed sale.
Cape Town
21 December 2001
Corporate advisor
BOE Merchant Bank
A Division of BoE Bank Limited
Co. Reg. No. 1951/000847/06
Independent advisor
and lead sponsor to Monex
KPMG
Corporate Finance
Attorneys to the scheme
Sonnenberg Hoffman Galombik
Co-sponsor to Monex
BoE Securities (Pty) Ltd
Member of the JSE Securities Exchange South Africa
Co. Reg. No. 1995/012240/07
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
