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Thu 9 Jan 2003, 16:18 Kairos Industrial Holdings Limited - Announcement
Kairos Industrial Holdings Limited                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/002927/06)                                            
Share code:    KIR                                                              
ISIN code:     ZAE000011284                                                     
EXCEPTIONAL ITEMS-REVENUE                                                       
Kairos Industrial Holdings Limited hereby wish to clarify the item Exceptional  
items revenue amounting to R568 000 disclosed in the interim results for the 6  
months ended 31 August 2002 and published on SENS on 22 November 2002.          
The line item Exceptional items revenue refers to the reversal of a loss arising
from businesses disposed off in the year ending February 1999.                  
A cancellation agreement of the disposal concluded between the parties came into
effect during the current period ending 31 August 2002. The item Exceptional    
items revenue relates to the reversal of this loss.                             
Pretoria                                                                        
09 January 2003                                                                 
Sponsor                                                                         
Bridge Capital Services (Pty) Ltd.                                              
Date: 09/01/2003 04:12:00 PM Produced by the JSE SENS Department
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