Appleton Limited
(Incorporated in the Republic of South Africa)
(Registration number 1999/004031/06)
Share code: ALE
ISIN code: ZAE000027488
("Appleton")
NOTICE OF WITHDRAWAL OF FIRM INTENTION TO MAKE AN OFFER TO TRADEK HOLDINGS
LIMITED ("TRADEK") SHAREHOLDERS
Tradek shareholders are referred to the Appleton announcement dated 19 March
2002 relating to the firm intention to make an offer ("the offer") for their
Tradek shares. As stated in that announcement, the offer was conditional
upon, inter alia, the satisfactory completion of a financial and legal due
diligence investigation in respect of Tradek and its operating subsidiaries.
Tradek shareholders are advised that Appleton is not satisfied with the
results of the due diligence investigation undertaken by it and will not be
proceeding with the offer.
16 April 2002
Corporate Advisor and Lead Attorneys
Sponsor
Corpcapital Corporate Sonnenberg Hoffman Galombik
Finance
Corporate Legal Advisors Joint Sponsor
Corpcapital Transaction Appleton Corporate Finance
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