Gold Reef Casino Resorts Limited - Further Caution
GOLD REEF CASINO RESORTS LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT
GOLD REEF CASINO RESORTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/002108/06)
(Share code GDF ISIN ZAE000028338)
("Gold Reef")
Further cautionary announcement
Shareholders are referred to the Casinos Austria International GmbH acquisition
("CAI acquisition") announcement dated 7 March 2002, the proposed share
repurchase announced in the Gold Reef results announcement dated 20 March 2002
and the cautionary announcement dated 21 June 2002.
Certain conditions precedent (including gaming board approval) detailed in the
CAI acquisition announcement remain outstanding. In terms of the JSE Securities
Exchange South Africa Listing Requirements, Gold Reef cannot continue with a
share repurchase while the company is trading under a cautionary. Accordingly,
Gold Reef shareholders are advised to continue to exercise caution in their
share dealings until a further announcement is made.
Johannesburg
20 August 2002
Investment bank and sponsor
Nedcor Investment Bank Limited
Corporate law advisers and consultants
Edward Nathan & Friedland
Attorneys
Werksmans Attorneys
Date: 21/08/2002 07:00:22 AM Produced by the JSE SENS Department
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