IDION Technology Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/ 013846/ 06)
ISIN code ZAE000022513
("IDION")
ANNOUNCEMENT BY IDION
Shareholders are referred to the announcement released on the Stock Exchange
News Service on 18 March 2002 and published in the press on 19 March 2002 by
DataMirror Corporation ("DataMirror") regarding its firm intention to
proceed with an offer ("the offer") to purchase all of the issued shares in
IDION (other than those shares already held by DataMirror).
Pursuant to such announcement and in the wider interests of the various
stakeholders of IDION, the board of directors considers it appropriate to
advise that it has tasked a committee comprising its non-executive directors
to appoint appropriate independent advisers to assess and advise on the
offer within fourteen days of receipt of the offer document and to
communicate the substance of such advice to shareholders in a form and
manner approved by the Securities Regulations Panel.
Johannesburg
19 March 2002
Sponsor Legal adviser
PricewaterhouseCoopers Corporate Finance Deneys Reitz
(Pty) Ltd
(Registration number 1970/003711/07)
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