Frontrange Limited - Quarterly Market Update For A
FrontRange Limited - Quarterly market update for April to June 2002
FrontRange Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/09928/06)
("FrontRange Limited" or "the company")
Share code: FRO
ISIN Code: ZAE000035325
Quarterly market update for April to June 2002
Shareholders are advised that further to the Quarterly market update for April
to June 2002 announcement issued by FrontRange on 23 July 2002, the company
hereby confirms that, whilst the fourth quarter 2002 results for its subsidiary
FrontRange Solutions Inc, as released in the announcement were unaudited, and
did not meet the normal full disclosure requirements of the interim financial
reporting standard, the financial information has subsequently been reviewed by
the group`s external auditors and their report is available for inspection at
the company`s registered office.
The auditor`s review revealed nothing which caused them to believe that the
financial information as contained in the SENS announcement, and which was
calculated on a basis consistent with South Africa Generally Accepted Accounting
Practice, needs any modification so as to fairly present the quarterly financial
information of FrontRange Limited for the period ended 30 June 2002. It should
be recognised that the auditors review did not constitute an audit and may not
necessarily have revealed all material facts. As is practice under these
circumstances, the auditors do not express an audit opinion on the financial
information. A final audit opinion will however be included once the final audit
results are released on or about 22 August 2002.
2 August 2002
Sponsor
Nedcor Investment Bank
Date: 02/08/2002 02:48:27 PM Produced by the JSE SENS Department
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