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Thu 12 Dec 2002, 17:15 VenFin Limited - Announcement
VenFin Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1948/031037/06)                                            
ISIN: ZAE000026498     Share code: VNF                                          
("VenFin")                                                                      
Acquisition of a further interest in Vodacom Group (Proprietary) Limited        
("Vodacom") and withdrawal of cautionary announcement                           
VenFin shareholders are referred to the announcement published in the press on  
29 August 2002, and further cautionary announcements published in the press on  
19 September 2002, 31 October 2002 and 15 November 2002 respectively.           
VenFin and Vodafone have agreed to purchase the 5% interest in Vodacom held by  
Hosken Consolidated Investments Limited in the proportion of 1.5% by VenFin and 
3.5% by Vodafone. Accordingly, Venfin shareholders no longer have to exercise   
caution when dealing in their shares.                                           
Stellenbosch                                                                    
12 December 2002                                                                
Sponsor                                                                         
Rand Merchant Bank                                                              
A division of FirstRand Bank Limited                                            
Corporate finance                                                               
Attorneys                                                                       
Hofmeyr Herbstein & Gihwala Incorporated                                        
Registration number 1997/001523/21                                              
Date: 12/12/2002 05:06:28 PM Produced by the JSE SENS Department                



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