CAPE EMPOWERMENT TRUST LIMITED
(Registration Number 1998/014606/06)
(Incorporated in the Republic of South Africa)
("CET")
Share Code: CAE
ISIN Code: ZAE 000016952
FURTHER CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the cautionary announcement dated 1 March 2002
regarding the investigation into tainted Dynamic Cables RSA Limited
("Dynamic Cables") shares. As the investigation is still in progress
shareholders are requested to continue to exercise caution when dealing in
their CET shares until a further announcement is made.
As a consequence of the aforegoing, it has been agreed that the transaction
as announced on 16 November 2001 regarding the settlement of the purchase
price in respect of the disposal of Dynamic Cables SA (Pty) Ltd to Dynamic
Cables, will for the time being not be proceeded with. The repayment terms
therefore remain as initially agreed and contained in the circular dated 12
January 2001, and approved by shareholders in general meeting.
Cape Town
18 April 2002
Investment Bank and Sponsor Attorneys
PSG Investment Bank Hofmeyr Herbstein & Gihwala Inc
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