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Wed 16 Oct 2002, 14:31 Mb Technologies Limited - Announcement
MB Technologies Limited - Announcement                                          
MB Technologies Limited                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/008964/06)                                            
Share code: MBT   ISIN: ZAE000015996                                            
("MB Technologies" or "the Company")                                            
Fulfilment of all suspensive conditions and important dates and times           
Further to the announcement dated 25 September 2002, shareholders are advised   
that the relevant competition authorities have issued an unconditional clearance
certificate in respect of the transaction and all other suspensive conditions to
the transaction have been fulfilled.                                            
The liquidation dividend of 110 cents per share will be paid on Thursday, 31    
October 2002 to MB Technologies shareholders recorded in the share register of  
the Company on Wednesday, 30 October 2002 ("record date").                      
Important dates and times                                                       
2002                                
Last day to trade to be eligible to         Wednesday, 23                       
participate in the distributions on         October                             
Suspension of the listing of MB                                                 
Technologies shares on the JSE Securities   Thursday, 24                        
Exchange South Africa ("JSE") from          October                             
commencement of business on                                                     
Record date to be recorded in the register                                      
as a shareholder in order to receive the    Wednesday, 30                       
distributions at the close of business on   October                             
Cheques due in respect of the liquidation                                       
dividend posted to certificated             Thursday, 31                        
shareholders on                             October                             
Dematerialised shareholders` accounts                                           
credited by a CSDP or broker in respect of  Thursday, 31                        
the liquidation dividend on                 October                             
Termination of the listing of MB                                                
Technologies shares on the JSE from         Friday, 1                           
commencement of business on                 November                            
Note:                                                                           
Share certificates may not be dematerialised or rematerialised after Wednesday, 
23 October 2002.                                                                
The above dates and times are subject to amendment. Any amendment to the dates  
and times will be published in the press and on SENS.                           
Sandton                                                                         
16 October 2002                                                                 
Independent advisor                                                             
to MB Technologies  Sponsor              Merchant Bank to                       
Clidet                                 
Deloitte & Touche   Merrill Lynch        ACMB                                   
                    Attorneys to                                                
Reporting           MB Technologies      Attorneys to Clidet                    
accountants                                                                     
Deloitte & Touche   Werksmans            Cliffe Dekker                          
Date: 16/10/2002 11:12:04 AM Produced by the JSE SENS Department                


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