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Wed 5 Jun 2002, 0:00 Messina cautionary announcement
Messina - Cautionary Announcement                                               
Messina Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number  1950/035912/06)                                           
Share Code: MES   ISIN: ZAE000004438                                            
("Messina" or "the company")                                                    
CAUTIONARY ANNOUNCEMENT                                                         
Further to the cautionary announcement of the company dated 6 May 2002,         
shareholders are advised that the board of Messina has resolved to proceed      
with a rights offer to its shareholders. The company`s majority shareholder,    
SouthernEra Resources Limited, intends to underwrite the rights offer.          
Details of the rights offer will be published in the near future.               
Shareholders are therefore advised to continue exercising caution when          
dealing in their Messina shares until further details are announced.            
Rosebank                                                                        
5 June 2002                                                                     
Sponsor                                                                         
Rand Merchant Bank Corporate Finance                                            
A division of FirstRand Bank Limited                                            
Date: 05/06/2002 12:43:15 PM Produced by the SENS Department
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