MURRAY & ROBERTS HOLDINGS LIMITED - ANNOUNCEMENT
MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number 1948/029826/06
Share Code: MUR
ISIN Code: ZAE000008983
("the Company")
As disclosed in the 2002 and previous annual reports, a consortium of current
and previous executives (`the Consortium") has held 6 106 435 (1,84%) of the
ordinary shares of the Company since April 1998.
Members constituting approximately two-thirds of the Consortium are no longer in
the employ of the Company and a majority of the members recently elected to
effect the dissolution of the Consortium in terms of the Consortium agreement.
As a consequence, on 28 November 2002, the Consortium sold its holding of
6 106 435 Murray & Roberts Holdings Limited shares on the JSE Securities
Exchange at a price of 1200 cents per share.
Current directors of the Company hold a total of 17,3% of the Consortium and
therefore have indirect and beneficial interests in this transaction as follows:
D C Brink 800 000 shares
B C Bruce 210 000 shares
K E Smith 50 000 shares
BEDFORDVIEW
29 November 2002
Date: 29/11/2002 12:06:12 PM Produced by the JSE SENS Department
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