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Wed 8 Jan 2003, 17:16 Appleton - Amendment to Trading Update
Appleton Limited                                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1999/004031/06)                                            
Share code: ALE                                                                 
ISIN code: ZAE000027488                                                         
("Appleton")                                                                    
AMENDMENT TO TRADING UPDATE                                                     
Appleton shareholders are referred to the trading update released over SENS at  
15:00 today. That announcement advised shareholders that, inter alia, offshore  
funds under management had declined by 2,6% from R 2 437 million to R 2 374     
million, mainly due to local currency appreciation.  In fact, offshore funds    
under management have declined by 10,5% from R2 437 million to R2 181 million.  
Cape Town                                                                       
8 January 2003                                                                  
Sponsor                                                                         
Corpcapital Corporate Finance                                                   
Date: 08/01/2003 05:08:00 PM Produced by the JSE SENS Department
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