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Mon 18 Nov 2002, 17:14 JSE Securities Exchange South Africa - Modified A
JSE Securities Exchange South Africa -  Modified Audit Opinion on Annual        
                                        Financial Statements                    
MODIFIED AUDIT OPINION ON ANNUAL FINANCIAL STATEMENTS                           
* S&J LAND HOLDINGS LIMITED ("S&JLAND")                                         
  ALPHA CODE:  SJL                                                              
  ISIN:  ZAE000009965                                                           
* ZELTIS HOLDINGS LIMITED ("ZELTIS")                                            
ALPHA CODE:  ZLT                                                              
  ISIN:  ZAE000037297                                                           
* ZAPTRONIX LIMITED ("ZAPTRONIX")                                               
  ALPHA CODE:  ZPT                                                              
ISIN:  ZAE000015145                                                           
The JSE Securities Exchange South Africa ("the JSE") wishes to advise that the  
audit opinion on S&JLAND and ZELTIS`s annual financial statements for the year  
ended 30 June 2002, and ZAPTRONIX`s annual financial statements for the year    
ended 30 April 2002 contain an emphasis of matter.  Shareholders are advised to 
refer to the annual financial statements to ascertain the exact nature of the   
modifications.                                                                  
Accordingly, the companies` listing on the JSE SETS system will be annotated    
with an "E" with effect from Tuesday, 19 November 2002, to indicate the emphasis
of matter.  The companies` annotation will be removed when the companies produce
an unmodified audit opinion.                                                    
This announcement has been placed by the JSE in the interest of shareholders.   
18 November 2002                                                                
Date: 18/11/2002 05:06:00 PM Produced by the JSE SENS Department                


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