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Fri 28 Jun 2002, 0:00 VIKING INVESTMENT AND ASSET MANAGEMENT LIMITED - R
ANNOUNCEMENT                                                                    
VIKING INVESTMENT AND ASSET MANAGEMENT LIMITED                                  
(Registration Number: 1998/04440/06)                                            
(Share Code: VKG                                                                
ISIN Code  : ZAE000015871                                                       
("Viking or the company")                                                       
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Shareholders are referred to the cautionary announcements issued by the         
company on 20 February 2002, 2 April 2002 and 16 May 2002 relating to the       
proposed acquisition of selected assets and liabilities of Metech               
International Inc.                                                              
The terms of the asset purchase agreement have been finalised, and ancillary    
legal documentation is being completed.                                         
Shareholders are therefore advised to continue exercising caution when          
dealing in the company`s securities until a full announcement is made.          
Johannesburg                                                                    
28 June 2002                                                                    
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
(Registration Number: 1970/003711/07)                                           
Date: 28/06/2002 04:08:53 PM Produced by the SENS Department                    



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