REAL AFRICA INVESTMENTS LIMITED
(Registration number 1994/000398/06)
Share code: RAI
ISIN code: ZAE000008710 ("RAI")
REAL AFRICA HOLDINGS LIMITED
(Registration number 1994/003919/06)
Share code: RAH
ISIN code: ZAE000008702 ("RAH")
(collectively, "the Real Africa Group")
CAUTIONARY ANNOUNCEMENT
Shareholders are advised that discussions are taking place, which may have
an effect on the price at which RAI and RAH shares trade on the JSE
Securities Exchange South Africa ("JSE").
Shareholders are accordingly advised to exercise caution in dealing in their
RAI and RAH shares until a further announcement is made in due course.
Houghton
12 February 2002
Sponsor
Standard Corporate and Merchant Bank
(A division of The Standard Bank of South Africa Limited)
(Registration number 1962/000738/06)
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