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Mon 11 Nov 2002, 15:50 Messina Limited - Results of the rights offer
Messina Limited - Results of the rights offer                                   
Messina Limited                                                                 
Registration number 1950/035912/06                                              
Share code: MES ISIN: ZAE000004438                                              
("Messina" or "Messina Limited")                                                
Results of the rights offer                                                     
Messina Limited is pleased to announce the results of the rights offer of 2 592 
979 new Messina shares of 50 cents each ("new Messina shares").                 
Applications have been received for 2 516 333 new Messina shares, representing  
97.06% of the number of new Messina shares offered. The underwriter of the      
rights offer has subscribed for 76 346 new Messina shares, representing the     
balance of new Messina shares offered in terms of the rights offer.             
On Monday 11 November 2002: dematerialised shareholders will have their safe    
custody accounts credited with the new Messina shares subscribed for in terms of
the rights offer; and ; share certificates in respect of the new Messina shares 
subscribed for in terms of the rights offer will be posted to certificated      
shareholders.                                                                   
Rosebank                                                                        
11 November 2002                                                                
Merchant bank                                                                   
RMB Resources                                                                   
Sponsor                                                                         
RMB Corporate Finance                                                           
Date: 11/11/2002 03:47:48 PM Produced by the JSE SENS Department                
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