McCarthy Limited
(Incorporated in the Republic of South Africa)
(Formerly McCarthy Retail Limited)
(Registration number 1991/003245/06)
("McCarthy" or "the company")
Ordinary shares: JSE code: MCC ISIN: ZAE000034823
Preference shares: JSE code: MCCP ISIN: ZAE000034831
Debentures: JSE code: MCCD ISIN: ZAE000034849
Cautionary announcement
Holders of McCarthy securities ("security holders") are advised that the
company is currently investigating various alternatives to give effect to
its previously declared strategic intent to dispose of its investment in
Retail Apparel Group Limited ("RAG"). This is likely to lead to an
impairment of the carrying value of its investment in RAG, which may have an
effect on the price of the company`s securities. Accordingly, security
holders are advised to exercise caution when dealing in McCarthy securities
until a further announcement is made.
Durban
21 May 2002
Sponsor
Rand Merchant Bank
A division of FirstRand Bank Limited
Corporate Finance
Date: 21/05/2002 05:05:00 PM Produced by the SENS Department
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