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Metorex - Oddlot Offer Price                                                    
METOREX LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1934/005478/06)                                            
Share code: MTX                                                                 
ISIN code: ZAE0000 22745                                                        
Issuer code: MEMTX                                                              
("Metorex" or "the company")                                                    
ODDLOT OFFER PRICE                                                              
Further to the announcement dated 27 September 2002, shareholders are advised   
that the oddlot offer price is R295,50 per share, being the weighted average    
traded price of the company`s shares on the JSE Securities Exchange South Africa
over the 10 trading days ended Friday, 25 October 2002.                         
Johannesburg                                                                    
28 October 2002                                                                 
Sponsor                                                                         
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 28/10/2002 11:03:21 AM Produced by the JSE SENS Department

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