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NICTUS LIMITED - DIVIDEND ANNOUNCEMENT                                          
Nictus Limited (NCS)                                                            
JSE Share Code       :  NCS                                                     
Namibian Share Code  :  NCT                                                     
ISIN Code            :  NA0009123481                                            
Dividend                                                                        
Notice is hereby given that the Board of directors has approved a final         
dividend of 5 cents per share. The salient dates of the payment of this         
dividend are as follows:                                                        
                                                   2002                         
Last date to trade ordinary shares "CUM" dividend  Friday, 12 July              
Ordinary shares trade "EX" the dividend            Monday, 15 July              
Record date                                        Friday, 19 July              
Payment date                                       Monday, 22 July              
Share certificates may not be dematerialised or rematerialised between          
Monday, 8 July 2002 and Friday, 19 July 2002, both days inclusive.              
By Order of the Board                                                           
Date: 26/06/2002 12:51:00 PM Produced by the SENS Department

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