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Cape Empowerment Trust Limited - Withdrawal Of Cautionary Announcement          
Cape Empowerment Trust Limited                                                  
(Registration Number 1988/014606/06)                                            
(Incorporated in the Republic of South Africa)                                  
Share Code: CAE                                                                 
ISIN: ZAE 000016952                                                             
("CET")                                                                         
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
Further to the cautionary announcement published on 1 March 2002                
shareholders are advised that the issues surrounding the issued share           
capital of Dynamic Cables RSA Limited have still not been finalised.  CET       
will inform shareholders immediately once the matter is finalised.              
Shareholders are accordingly advised that caution is no longer necessary        
when dealing in CET`s shares.                                                   
Cape Town                                                                       
19 June 2002                                                                    
Investment Bank and Sponsor                                                     
PSG Investment Bank                                                             
Date: 20/06/2002 08:00:07 AM Produced by the SENS Department                    

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