Falcon Investment Holdings Socit Anonyme - Renewal Of Cautionary
Falcon Investment Holdings Socit Anonyme
(Incorporated in Luxembourg - R.C. Number B39773)
("the Company")
Share code: FLC ISIN number: LU0042254812
RENEWAL OF CAUTIONARY
Further to the cautionary announcement dated 27 September 2002, where reference
was made to the cautionary announcement released by the Company`s subsidiary
Falcon Gold Zimbabwe Limited on the 5 March 2002, shareholders are now advised
that the following announcement has now been released:
"FALCON GOLD ZIMBABWE LIMITED
CAUTIONARY STATEMENT
Shareholders have been previously advised that negotiations have been in
progress which, if successfully concluded and if requisite consents of
regulatory authorities are forthcoming, could impact upon their interests in the
company. One further consent of such authorities is currently awaited,
whereafter, if that consent is forthcoming, it will be possible for shareholders
to be provided with all details of the envisaged transaction.
As soon as the said consent is to hand, a comprehensive statement to
shareholders will be issued and, pending such statement, shareholders are again
advised to exercise caution in any dealings in the company`s shares. In that
regards, the directors reiterate their advices in the last cautionary statement
that they are unaware of any circumstance meriting the magnitude of increase in
the share price as has occurred in recent months."
In light of the above, shareholders in Falcon Investment Holdings S.A. are
advised to continue to exercise caution and consult their professional advisors
when dealing in the company`s shares.
8 November 2002
City Group P.L.C.
Group Secretaries
The Janus Corporation (Pty) Ltd
Sponsor
Date: 08/11/2002 07:00:04 AM Produced by the JSE SENS Department
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