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Tue 28 May 2002, 0:00 Retail Apparel Group Limited - Suspension Of Listi
Retail Apparel Group Limited - Suspension of listing                            
Retail Apparel Group Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration No 1946/021937/06)                                                
("RAG")                                                                         
JSE code: RAG  ISIN: ZAE000013744                                               
Suspension of listing                                                           
Shareholders are referred to the cautionary announcement dated 21 May 2002.     
The negotiations referred to therein have failed to result in a transaction     
acceptable to the funders of RAG and as a result it is anticipated that an      
order placing RAG into provisional liquidation will be made during the          
course of the day.                                                              
The directors of RAG have requested the JSE Securities Exchange South Africa    
to suspend the RAG shares with immediate effect.                                
Shareholders will be advised of any further developments as and when they       
occur.                                                                          
Durban                                                                          
28 May 2002                                                                     
Sponsor                                                                         
RMB Corporate Finance LOGO                                                      
Date: 28/05/2002 08:31:17 AM Produced by the SENS Department                    

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