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New Mining Corporation Limited - Cautionary Announcement                        
NEW MINING CORPORATION LIMITED                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1933/004523/06)                                            
(Share code: NEW    ISIN: ZAE000017430 )                                        
("NMC" or "the company")                                                        
CAUTIONARY ANNOUNCEMENT                                                         
NMC shareholders are advised that negotiations are taking place which, if       
successfully concluded, could have an effect on the share price of NMC.         
Shareholders are accordingly advised to exercise caution in dealing in          
their shares until a further announcement is made.                              
Johannesburg                                                                    
3 July 2002                                                                     
Sponsor                                                                         
RIVERBANK                                                                       
Date: 03/07/2002 05:01:20 PM Produced by the SENS Department

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