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Release Date: 03/12/2002 17:00:18      Code(s): MTX 
Metorex - Cautionary Announcement                                               
METOREX LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1934/005478/06)                                            
Share code: MTX                                                                 
ISIN code: ZAE000022745                                                         
Issuer code" MEMTX                                                              
("Metorex")                                                                     
CAUTIONARY ANNOUNCEMENT                                                         
Metorex shareholders are advised that negotiations are in progress which, if    
successfully concluded, could affect the price of Metorex shares.               
Accordingly, Metorex shareholders are advised to exercise caution when dealing  
in their shares on the JSE Securities Exchange South Africa until a further     
announcement is made.                                                           
Johannesburg                                                                    
3 December 2002                                                                 
Sponsor                                                                         
Barnard Jacobs Mellet Corporate Finance                                         
(Pty) Limited                                                                   
Date: 03/12/2002 05:00:00 PM Produced by the JSE SENS Department                

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