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Fri 1 Feb 2002, 0:00 Shops For Africa - Further Cautionary Announcement
Shops for Africa Limited
  (Incorporated in the Republic of South Africa)
  (Registration number 2000/018084/06)
  Share Code: SFA   ISIN: ZAE000031241
  ("Shops for Africa")
FURTHER CAUTIONARY ANNOUNCEMENT
   Further to the cautionary announcement published on Friday, 21 December
2001, shareholders are advised that the negotiations referred to in that
announcement, for the acquisition of a portfolio of retail properties, have
reached an advanced stage.
   As these negotiations may have an effect on the price at which Shops for
Africa linked units trade on the JSE Securities Exchange South Africa,
shareholders are advised to continue to exercise caution when dealing in
their Shops for Africa linked units until a further announcement is made.
  Cape Town
  1 February 2002
Portfolio Asset Manager
  Catalyst Property Asset Managers (Pty) Ltd
  (Registration number 1994/010496/07)
Sponsor
  Sasfin Bank Limited
  (Registration number 1951/002280/06)
Corporate Advisor
  Trinity Corporate Finance
  A division of Trinity Capita (Proprietary) Limited
  Company Registration number 2001/006834/07
Attorneys
  Cliffe Dekker



 



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