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Fashaf - Announcement                                                           
Fashion Africa Limited                                                          
Incorporated in the Republic of South Africa                                    
Registration number:  1944/017149/06                                            
Share code:  FSH                                                                
ISIN Code:  ZAE 000037693                                                       
("Fashaf")                                                                      
ANNOUNCEMENT                                                                    
Further to the announcement on Tuesday 29 October 2002, shareholders are advised
that Fashaf has applied for the liquidation of Fashaf (Proprietary) Limited and 
Jones Retailing (Proprietary) Limited, its main operating subsidiaries.         
Halfway House                                                                   
31 October 2002                                                                 
Transactional Sponsor                                                           
Deloitte & Touche Sponsor Services (Pty) Ltd                                    
(Registration number 1996/000034/07)                                            
Date: 31/10/2002 04:24:44 PM Produced by the JSE SENS Department                

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