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Kagiso Media Ltd - Withdrawal of cautionary announcement                        
Kagiso Media Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number  1957/000036/06)                                           
Share code:  KGM          ISIN:  ZAE000014007                                   
("the company")                                                                 
Withdrawal of cautionary announcement                                           
Shareholders are advised that the discussions referred to in the cautionary     
announcements dated 16 August 2002, 17 September 2002 and 4 November 2002 have  
been terminated. Accordingly, there is no further need to exercise caution when 
dealing in the company`s shares.                                                
Johannesburg                                                                    
12 December 2002                                                                
Merchant bank                                                                   
Rand Merchant Bank                                                              
A division of FirstRand Bank Limited                                            
Corporate finance                                                               
Sponsor                                                                         
Investec Securities Limited                                                     
Member of the JSE Securities Exchange South Africa                              
(Registration number 1972/008905/06)                                            
Date: 12/12/2002 03:40:00 PM Produced by the JSE SENS Department                

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