NEI - LIQUIDATION DIVIDEND
NORTHERN ENGINEERING INDUSTRIES AFRICA LIMITED
(in liquidation)
(Incorporated in the Republic of South Africa)
(Registration number 1978/001240/06)
Share code : NEI ISIN ZAE000004891
("NEI")
Liquidation Dividend and
Delisting of NEI Shares on the JSE Securities Exchange, South Africa
Shareholders of NEI are referred to the SENS announcement dated 5 March 2002 and
are hereby notified that a further advance liquidation dividend of 500 cents per
NEI share will be paid to them on or about Thursday, 29 August 2002.
This dividend will bring the total advance liquidation dividend paid to date to
1100 cents per NEI share, being the amount indicated (as the approximate
liquidation dividend which shareholders would receive) in the circular to
shareholders dated 22 June 2001.
Outstanding claims are being settled or otherwise resolved. As soon as all
claims have been settled or resolved, any remaining surplus will be distributed
to shareholders, subject to the confirmation of the Master of the High Court.
Immediately following payment of the final liquidation dividend, application
will be made to the JSE Securities Exchange South Africa ("JSE") for the
delisting of the NEI shares from the JSE.
The Liquidator
c/o KPMG Administrators (Pty) Ltd
Parktown
21 August 2002
Sponsor Liquidator Legal Advisors
KPMG Services (Pty) KPMG Administrators (Pty) Deneys Reitz
Ltd Ltd
Date: 21/08/2002 10:50:09 AM Produced by the JSE SENS Department
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