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Thu 31 Oct 2002, 17:53 VenFin - Further Cautionary Announcement
VenFin - Further Cautionary Announcement                                        
VenFin Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1948/031037/06)                                            
Share code VNF   ISIN ZAE000026498                                              
("VenFin")                                                                      
Further cautionary announcement                                                 
Shareholders are referred to the cautionary announcement published on           
19 September 2002, in terms of which shareholders were advised that VenFin has  
entered into discussions with Hosken Consolidated Investments Limited regarding 
the proposed purchase of the latter`s interest in Vodacom Group (Proprietary)   
Limited ("the transaction").                                                    
The parties are currently in the process of considering the most appropriate way
in which to implement the transaction.  Accordingly, shareholders are advised to
exercise caution when dealing in their VenFin shares until such time as a       
further announcement is made.                                                   
Sandton                                                                         
31 October 2002                                                                 
Sponsor                           Attorneys                                     
Rand Merchant Bank                Hofmeyr Herbstein &                           
                                  Gihwala Inc                                   
Date: 31/10/2002 05:25:28 PM Produced by the JSE SENS Department                

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