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MORIBO LEISURE LIMITED
   (Incorporated in the Republic of South Africa)
   (Registration number 1919/001318/06)
   JSE Share code: MRB  ISIN: ZAE000014023
   ("Moribo")
Withdrawal of cautionary announcement
   Further to the cautionary announcement dated 26 February 2002,
shareholders are advised that negotiations have been discontinued.
Accordingly, shareholders are advised that caution is no longer required
when dealing in Moribo1s securities.
   Johannesburg
   16 April 2002
Merchant bank and sponsor
  ABSA CORPORATE AND MERCHANT BANK
  Corporate Finance
  (Registration number 1986/004794/06

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