PRESS RELEASE
GROUP FIVE LIMITED
(Registration Number: 1969/000032/06)
(Incorporated in the Republic of South Africa)
Share Code: GRF ISIN Code: ZAE 000027405
("the company")
PRESS RELEASE
The article appearing in the Sunday Times dated 5th May 2002 under the
heading "Group Five sued for R600m" refers.
This matter has been ongoing for approximately 2 and a half years.
Group Five is the second defendant in the above matter and the grounds on
which the plaintiff wishes to sue vary from those highlighted in the
article.
Group Five is unable to comment on the merits of the claim against Rubico
but has been advised that the claim against itself is frivolous and without
substance.
The Board is confident that the claim against Group Five will be
successfully defended.
7 May 2002
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
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