METTLE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1996/010795/06)
Share code MEL ISIN ZAE000028569
("Mettle" or "the Company")
SUSPENSION OF LISTING
Shareholders are referred to the "Results of General Meeting and Cautionary
Announcement" made by the Company on Tuesday, 18 December 2001 ("Results
Announcement").
Subsequent to the general meeting of shareholders referred to in the Results
Announcement, various reports have appeared in the media regarding the
delisting of Mettle. As such reports in many instances contained
conflicting views and information in respect of such delisting, which are
potentially confusing to Mettle's shareholders and other members of the
public, the directors of Mettle have requested the JSE Securities Exchange
South Africa ("JSE") to suspend the listing of Mettle's shares on the JSE
with immediate effect ("the suspension"), until finality on the status of
Mettle's delisting is achieved.
The JSE has agreed to the suspension and accordingly Mettle's shares will be
suspended with effect from the commencement of business on 28 December 2001.
As referred to in the Results Announcement, discussions are continuing
between Mettle and the JSE on the delisting of Mettle and an announcement
in relation to such delisting will be made in due course.
Illovo
28 December 2001
Corporate adviser and joint sponsor
Mettle Limited
Corporate Finance Division
(Registration number 1965/010057/09)
Lead sponsor
PricewaterhouseCoopers
Corporate Finance (Pty) Ltd
(Registration number 1970/003711/07)
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