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Thu 30 May 2002, 0:00 Amlac Limited - General Announcement To Shareholde
Amlac Limited - General Announcement To Shareholder                             
Amlac Limited                                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration No 1995/008727/06)                                                
("Amlac")                                                                       
JSE Code: ALC                                                                   
ISIN No:  ZAE0000111821                                                         
GENERAL ANNOUNCEMENT TO AMLAC SHAREHOLDERS                                      
The board of directors of Amlac Limited advises shareholders that the           
proposed delisting referred to in the press announcement of 16 April 2002 is    
proceeding.                                                                     
A circular to shareholders regarding the proposed voluntary termination of      
the listing of Amlac on the JSE and an unconditional cash exit underpin by      
The Goodwill Trust to acquire all or part of the shares held by Amlac           
shareholders for a cash consideration of 50 cents per share is also in          
process and will be mailed to shareholders in due course.                       
Corporate Adviser and Sponsor                                                   
The Janus Corporation (Pty) Ltd                                                 
Attorneys to Amlac Limited                                                      
Melamed & Hurwitz Inc                                                           
Reporting accountant                                                            
Beinash & Co                                                                    
Chartered Accountants SA
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