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Mustek Limited - Restructuring Of Mustek`s Technology Investment Portfolio      
Mustek Limited                                                                  
Incorporated in the Republic of South Africa                                    
(Registration number 1987/070161/06)                                            
Share Code: MST   ISIN: ZAE000012373                                            
                       ("Mustek")                                               
RESTRUCTURING OF MUSTEK`S TECHNOLOGY INVESTMENT PORTFOLIO                       
Further to the announcement published in the press on 22 August 2002, Mustek is 
pleased to announce that all the conditions precedent relating to the           
restructuring of the technology investment portfolio have been fulfilled and the
cash consideration of US$ 3 million has been paid to Mustek.                    
Midrand                                                                         
21 October 2002                                                                 
Joint Corporate Advisors      Sponsor             Legal Advisors                
Merchantec                    Exchange Sponsors   Kramer and Viljoen            
Corporate Solutions                                                             
Date: 22/10/2002 08:30:00 AM Produced by the JSE SENS Department                

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