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Wed 25 Sep 2002, 17:48 Fairvest Property Holdings Limited - Renewal Of Ca
Fairvest Property Holdings Limited - Renewal of Cautionary                      
FAIRVEST PROPERTY HOLDINGS LIMITED                                              
   (Formerly Glocash Investments Limited)                                       
(Incorporated in the Republic of South Africa)                               
   (Registration number 1998/005011/06)                                         
   JSE Share code: FVT   ISIN: ZAE000034658                                     
   ("Fairvest")                                                                 
Update on Renewal of Cautionary Announcement                                    
   Further to the renewal of cautionary announcement dated 13 September 2002    
("the 13 September 2002 announcement"), linked unit holders are referred to an  
announcement from Rentsure Holdings Limited ("Rentsure") appearing elsewhere in 
this publication, and are advised that the portfolio referred to therein, forms 
part of the property portfolio of approximately R510 million ("the total        
acquisition") referred to in the 13 September 2002 announcement.                
   The Rentsure acquisition is conditional upon the total acquisition being     
approved by Fairvest linked unit holders in general meeting. The financial      
effects of the Rentsure acquisition will be disclosed simultaneously with the   
total acquisition, separately and on an aggregated basis when a detailed        
announcement regarding the total acquisition is made.                           
Fairvest linked unit holders are accordingly advised to continue exercising  
caution when dealing in their linked units on the JSE Securities Exchange South 
Africa until a detailed announcement is made.                                   
  Johannesburg                                                                  
25 September 2002                                                             
Sponsor                                                                         
  LPC Manhattan Sponsors (Pty) Ltd                                              
  (Registration number 1999/024792/07)                                          
Date: 25/09/2002 05:30:31 PM Produced by the JSE SENS Department                

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