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Lyons Financial Solutions Holdings Limited - Cautionary Announcement            
Lyons Financial Solutions Holdings Limited                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/022117/06)                                            
("Lyons" or "the company")                                                      
Share code: LYS       ISIN:  ZAE000024709                                       
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that negotiations are taking place, which if           
successfully concluded may have an effect on the price of the company`s         
securities.                                                                     
Accordingly, shareholders are advised to exercise caution when dealing in       
Lyons shares until a further announcement is made.                              
Sandton                                                                         
13 May 2002                                                                     
Sponsor                                                                         
Deloitte & Touche Sponsor Services (Pty) Ltd                                    
(Registration number 1996/000034/07)                                            
Date: 13/05/2002 04:30:00 PM Produced by the SENS Department                    

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