EC-Hold Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/020093/06)
Share code: ECH ISIN: ZAE000016705
("EC-Hold")
FURTHER CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the cautionary announcements dated 15 June
2001, 2 August 2001, 10 August 2001, 11 October 2001 and 28 November 2001
and are advised that the Securities Regulation Panel ("SRP") is considering
the appeal lodged by MGX Holdings Limited and the Mandy Rebecca Price Trust
against the previous rulings made by the Executive Committee of the SRP.
Accordingly, EC-Hold shareholders are advised to continue to exercise
caution when dealing in their shares until a further announcement is made.
Johannesburg
18 January 2002
SPONSOR
Brait Advisory Services
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