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M CUBED HOLDINGS LIMITED
REGISTRATION NUMBER               : 1998/014568/06
SHARE CODE                        : MCU
ISIN                              : ZAE000033353
DIRECTOR                          : J.F. Mouton
DATE OF TRANSACTION               : 22 February 2002
NATURE AND EXTENT OF INTEREST     : NON BENEFICIAL
                                    INDIRECT
SHARES SOLD                       : Ordinary
NUMBER OF SHARES SOLD             : 2 000 000 (Two Million)
SELLING PRICE                     : R 940 000.00
CENTS PER SHARE:                  : 47c

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