Avgold Limited
(Registration Number: 1990/007025/06)
(ISIN Code: ZAE000012175)
(Share Code: "AVG")
("the Company")
Cautionary Announcement
Shareholders are informed that the Company is involved in advanced negotiations
that could result in the sale of its ETC assets to a Consortium, which includes
a Black Economic Empowerment component. If negotiations are successful, it is
envisaged that a sale agreement will be completed by mid-February 2003.
Shareholders are accordingly advised to exercise caution in dealing in the
Company`s securities until a further announcement is made.
Johannesburg
14 January 2003
Issued by:
Sponsor: Deutsche Securities (SA) (Propriety) Limited
Date: 14/01/2003 05:15:00 PM Produced by the JSE SENS Department
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