GILBOA PROPERTIES LIMITED
(Registration number 1986/004649/06)
("Gilboa" or "the Company")
Share Code: GLB ISIN No. ZAE 000010286
FURTHER CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the cautionary announcements published on 28
December 2001, 5 February 2002 and 20 February 2002 relating to the
structure and financing of the agreement with Seacore Limited.
It is anticipated that a conclusion to these outstanding matters will be
reached in the near future.
Shareholders should therefore continue to exercise caution when dealing in
their Gilboa shares until a further announcement is made in this regard.
Pretoria
5 April 2002
Sponsor
Sasfin Bank Limited
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