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Tue 10 Dec 2002, 16:19 Sweets From Heaven Holdings Limited - Loan And Sha
Sweets From Heaven Holdings Limited - Loan And Share Purchase By Directors      
ISIN:       ZAE000011045                                                        
Share code: HVN                                                                 
In accordance with paragraph 3.72 of the JSE Listing Requirements, Sweets From  
Heaven Holdings Limited hereby confirm the following:                           
Tradebush Investments No. 123 (Proprietary) Limited acquired from Johnnic       
Entertainment Holdings Limited                                                  
21 401 595 ordinary shares of R0.01 each in the issued share capital of Sweets  
From Heaven Holdings Limited for a total consideration of 1c, effective 27      
November 2002.                                                                  
Laurie Davidoff, a director of Sweets From Heaven Holdings Limited, is the      
controlling shareholder of Tradebush Investments No. 123 (Proprietary) Limited. 
The indirect beneficial effect on Laurie Davidoff`s shareholding is             
9 082 837 ordinary shares in the share capital of Sweets From Heaven Holdings   
Limited.                                                                        
Greg Ginsberg, a director of Sweets From Heaven Holdings Limited, is also a     
shareholder of Tradebush Investments No. 123 (Proprietary) Limited. The indirect
beneficial effect on Greg Ginsberg`s shareholding is 3 633 991 ordinary shares  
in the share capital of Sweets From Heaven Holdings Limited.                    
In addition, Tradebush Investments No. 123 (Proprietary) Limited acquired from  
Johnnic Entertainment Holdings Limited all claims of whatever nature and however
arising which Johnnic Entertainment Holdings Limited or any of its subsidiaries 
or associates have against Sweets From Heaven Holdings Limited or any of its    
subsidiaries, effective 28 November 2002. These claims amount to approximately  
R4 067 282.22.                                                                  
In another separate and unrelated transaction, Tradebush Investments No. 123    
(Proprietary) Limited acquired from Mercantile Bank Limited all claims of       
whatever nature and however arising which Mercantile Bank Limited or any of its 
subsidiaries or associates have against Sweets From Heaven Holdings Limited or  
any of its subsidiaries, effective 26 November 2002. These claims amount to     
approximately                                                                   
R6 766 529.49.                                                                  
Date: 10/12/2002 04:15:38 PM Produced by the JSE SENS Department                



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