Avmin Shareholding - Arctic Resources Limited
Anglovaal Mining Limited
Reg. No. 1933/004580/06
56 Main Street, Johannesburg, 2001, South Africa
Phone: (+27 11) 634-9111, Fax: (+27 11) 634-0038
news release
AVMIN SHAREHOLDING - ARCTIC RESOURCES LIMITED
Johannesburg, Monday, 10 June 2002: The board of directors of Anglovaal
Mining Limited (Avmin) has been informed that Arctic Resources Limited
(Arctic) has sold 4 264 999 Avmin shares at an average price of R39.86. The
shares were sold on the market and the selling program was completed on 5
June 2002.
Arctic`s residual holding of Avmin stock consists of 11 003 787 shares sold
to Anglo American plc, but subject to Competition Commission approval.
Messrs. R.P. Menell and B.M. Menell, both directors of Avmin, are directors
of Arctic.
ends
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