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Mon 2 Sep 2002, 0:00 Viking Investment And Asset Management Limited - U
Viking Investment And Asset Management Limited - Update Of Cautionary           
Announcement                                                                    
Viking Investment And Asset Management Limited                                  
(Registration Number: 1998/04440/06)                                            
(Share Code: VKG                                                                
ISIN Code  : ZAE000015871                                                       
("Viking or the company")                                                       
UPDATE OF CAUTIONARY ANNOUNCEMENT                                               
Shareholders are referred to the cautionary announcements issued by the company 
on 20 February 2002, 2 April 2002, 16 May 2002, 27 June 2002 and 20 August 2002 
relating to the proposed acquisition of selected assets and liabilities of      
Metech International Inc.                                                       
Shareholders are advised that negotiations have now been successfully concluded 
including those relating to the financing of the transaction.                   
A full announcement will be made shortly and, as this transaction will have a   
material effect on earnings, shareholders are advised to continue exercising    
caution when dealing in the company`s securities until such announcement is     
made.                                                                           
Johannesburg                                                                    
2 September 2002                                                                
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 02/09/2002 12:11:00 PM Produced by the JSE SENS Department
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