Cautionary Announcement
Shareholders are advised that HCI is involved in negotiations which, if
successfully concluded, may have an effect on the price at which its shares
trade on the JSE Securities Exchange South Africa.
Accordingly, shareholders are advised to exercise caution when dealing in
their HCI shares until a further announcement is made.
Durban
24 December 2001
Sponsoring Broker
Merrill Lynch South Africa (Pty) Ltd
Member of the JSE Securities Exchange South Africa
Registration Number 1995/001805/07
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