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Micromega Holdings Limited - Withdrawal of cautionary announcement              
Micromega Holdings Limited                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/003821/06)                                            
ISIN Code: ZAE000034435                                                         
Share Code: MMG                                                                 
("the Company")                                                                 
Withdrawal of cautionary announcement                                           
Further to the announcements dated 16 May 2002 and 1 July 2002, shareholders are
advised that the full impact of developments relating to the Company have been  
determined and this will not have an effect on the price of the company`s       
shares. Accordingly, shareholders are advised that caution is no longer required
when dealing in the Company`s securities.                                       
Johannesburg                                                                    
13 August 2002                                                                  
Sponsor                                                                         
HSBC                                                                            
Date: 13/08/2002 04:46:04 PM Produced by the JSE SENS Department

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