Combined Motor Holdings Limited - Withdrawal of Cautionary Announcement
COMBINED MOTOR HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1965/000270/06)
Share code : CMH
ISIN code : ZAE000001541
("CMH" or "the Company")
Withdrawal of Cautionary Announcement
Shareholders are referred to the cautionary announcements dated 22 November
2001, 11 January 2002, 22 February 2002 and 8 April 2002. Negotiations in
respect of the transaction in terms of which the Directors are pursuing an
offshore investment in the retail motor industry have continued. No
agreement has however been reached to date as there are a number of
outstanding conditions and issues to be resolved. Once these have been
resolved the shareholders will be notified accordingly.
Until such time as there is further progress in this matter, shareholders
are advised that the caution is no longer required.
Durban
20 May 2002
Sponsor
PricewaterhouseCoopers
Corporate Finance (Pty) Ltd
(Registration number 1970/003711/07)
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