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Fri 15 Mar 2002, 0:00 Pasdec Resources Sa Limited - Profit Warning
PASDEC RESOURCES SA
(Incorporated in the Republic of South Africa)
(Registration number 1987/004942/06)
(Share code   :   PSC)
(ISIN code    :   ZAE000023552)
("Pasdec" or "the company")
Profit Warning
Pasdec  shareholders  are advised that the results for  the  year  ended  31
December 2001, will be below that of the previous comparative period.
Reasons for the lower than expected results are inter alia the strike in the
automotive  industry  during  August 2001  and  costs  arising  out  of  the
unforeseen postponement of certain projects.
Details and further explanations relating to the results for the year  ended
31  December 2001 will be provided when the company publishes its results at
the end of March.
By order of the Board
Johannesburg
15 March 2002
Sponsor
KPMG Services (Proprietary Limited)



 
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