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Tue 16 Apr 2002, 0:00 Wooltru Limited - Disposal Of Topics
Wooltru Limited
(Incorporated in the Republic of South Africa)
(Registration number 1936/008278/06)
("WOOLTRU" or "the Company")
Share Code: WLO     ISIN Code: ZAE000007993
Share Code: WLN     ISIN Code: ZAE000008744
Share Code: WLOP    ISIN Code: ZAE000008009
Share Code: WLP1    ISIN Code: ZAE000008017
DISPOSAL OF TOPICS
On the 18th February 2002, Wooltru announced that it had sold its equity and
debt  interests  in Topics (Pty) Limited ("Topics") for  an  amount  of  R15
million,  subject  to  the  fulfillment  of  certain  conditions  precedent,
including obtaining approval from the Competition Commission.
Wooltru  is now able to confirm that all the conditions have been  fulfilled
and the sale of Topics is now complete with effect from 31 December 2001.
Cape Town
16 April 2002
Financial Adviser and Sponsor
Cazenove
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