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Mon 13 Jan 2003, 14:49 Proper Group - Renewal of cautionary
Proper Group Limited                                                            
Management Services                                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/001940/06)                                            
("Proper Group" or "the company")                                               
Share code: PRO                                                                 
ISIN code: ZAE000027181                                                         
Renewal of cautionary announcement                                              
Further to the cautionary announcement dated 18 November 2002, shareholders are 
advised that the company is still conducting negotiations, which if successful, 
may have a material effect on the price at which the company`s securities trade 
on the JSE Securities Exchange SA.                                              
Shareholders are accordingly advised to continue to exercise caution when       
dealing in their Proper Group securities, until such time as a full announcement
is made.                                                                        
Bloemfontein                                                                    
13 January 2003                                                                 
Sponsor                                                                         
KPMG Services (Pty) Ltd                                                         
Date: 13/01/2003 02:05:00 PM Produced by the JSE SENS Department                

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