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Tue 26 Feb 2002, 0:00 Moribo - Further Cautionary Announcement
Moribo Leisure Limited
  (Incorporated in the Republic of South Africa)
  (Registration number 1919/001318/06)
  JSE Share code: MRB  ISIN: ZAE000014023
  ("Moribo")
Further cautionary announcement
   Further to the cautionary announcement dated 15 January 2002,
shareholders are advised that negotiations are still in progress, which, if
successfully concluded, may have a material effect on the price at which
Moribo's securities are traded on the JSE Securities Exchange South Africa.
Accordingly, shareholders are advised to continue exercising caution when
dealing in Moribo's securities until further announcements are made.
   Johannesburg
   26 February 2002
Merchant bank and sponsor
  ABSA CORPORATE AND MERCHANT BANK
  Corporate Finance
  (Registration number 1986/004794/06)
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