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Wed 14 Aug 2002, 0:00 Renewal Of Arcay Cautionary Announcement
ARCAY GROUP LIMITED                                                             
Incorporated in the Republic of South Africa                                    
(Registration number 1991/003944/06)                                            
("Arcay Group" or "the Group")                                                  
JSE Share Code:  ARC   ISIN Code:  ZAE 000022406                                
Debenture Code: ARCD  ISIN Code: ZAE 000022398                                  
RENEWAL OF ARCAY CAUTIONARY ANNOUNCEMENT                                        
Following the announcements dated 26 March 2002 and 13 May 2002, Arcay Group    
advises that it is still in the process of restructuring the Group and in       
negotiations to merge its interests with those of Real People Group             
(Proprietary) Limited.  Details of the restructuring of Arcay Group will be     
announced in due course.                                                        
As a result of the above, shareholders of Arcay Group are advised to continue to
exercise caution when dealing in their securities, until a further announcement 
is made.                                                                        
Johannesburg                                                                    
14 August 2002                                                                  
Sponsor                                                                         
KPMG                                                                            
Date: 14/08/2002 05:15:00 PM Produced by the JSE SENS Department                


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