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Thu 7 Nov 2002, 17:03 Vestacor - Cautionary Announcement And Profit Warn
Vestacor - Cautionary Announcement And Profit Warning                           
VESTACOR LIMITED                                                                
   (Incorporated in the Republic of South Africa)                               
(Registration number 1996/017285/06)                                         
   SHARE CODE: VTR   ISIN: ZAE 000018412                                        
   ("Vestacor")                                                                 
CAUTIONARY ANNOUNCEMENT AND PROFIT WARNING                                      
Further to the cautionary announcement dated 23 September 2002, shareholders 
are advised that negotiations are in progress which may have an effect on the   
price of the company`s securities.                                              
   In an unrelated matter, the impact of the liquidation of certain of Fashion  
Africa Limited`s operating subsidiaries will have a material effect on the      
earnings of Vestacor.  Further details will be included in the interim report to
be published by the end of November 2002.                                       
   Accordingly, shareholders are advised to continue exercising caution when    
dealing in the company`s securities until a full announcement is made.          
   Johannesburg                                                                 
   7 November 2002                                                              
Sponsor                                                                         
PSG CAPITAL LIMITED                                                           
2                                                                               
Date: 07/11/2002 05:00:27 PM Produced by the JSE SENS Department                

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