African Bank Investments Limited - Cautionary Anno
African Bank Investments Limited - Cautionary Announcement
African Bank Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1946/021193/06)
(ISIN: ZA000030060)
(Share code: ABL)
("ABIL" or "the Company")
Cautionary Announcement
Following the joint announcement by FirstRand Limited and the Curator of
Saambou Bank Limited, under curatorship ("Saambou"), shareholders are
advised that ABIL has the firm intention to submit an offer to the Curator
of Saambou relating to the personal loans business of Saambou. If the offer
is successful, it could have a material effect on the value of the shares in
ABIL. Shareholders of ABIL are, therefore, advised to exercise caution in
dealing in their ABIL shares until a further announcement is made.
Midrand
17 May 2002
Sponsor Co-Legal Advisors to ABIL
Deutsche Securities (SA) Prinsloo, Tindle and
(Proprietary) Limited Andropoulos Inc.
Reg. no: 1995/011798/07 Moss-Morris Inc.
Date: 17/05/2002 01:07:43 PM Produced by the SENS Department
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