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Wed 21 Aug 2002, 0:00 Hicor Limited - Liquidation of Hicor
Hicor Limited                                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1981/011496/06)                                            
Share code: HOR                                                                 
ISIN code : ZAE000003331                                                        
 ("Hicor" or "the Company")                                                     
Liquidation of Hicor                                                            
Shareholders are advised that the High Court of Pretoria today ordered that     
Hicor Limited be placed under final winding-up.                                 
This announcement follows the cautionary announcement to shareholders, dated 5  
August 2002, and the SENS announcement released by the JSE Securities Exchange  
South Africa Listings Division, informing shareholders of the suspension of the 
shares. The suspension of the shares followed Hicor`s Board of Directors        
notification to the JSE Listing Division of the lodgement of the application to 
place the group into liquidation on the 15 August 2002.                         
Johannesburg                                                                    
20 August 2002                                                                  
Date: 21/08/2002 09:27:24 AM Produced by the JSE SENS Department                


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