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Beget Holdings Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 2002/011635/06)                                            
("Beget" or "the Company")                                                      
(JSE Code: BEE       ISIN: ZAE000044111)                                        
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Beget has entered into negotiations which, if     
successfully concluded, may have a material effect on the price of the Company`s
securities.  Accordingly, shareholders are advised to exercise caution when     
dealing in the Company`s securities until a full announcement is made.          
Pretoria                                                                        
27 January 2003                                                                 
SPONSOR                                                                         
EXCHANGE SPONSORS (PTY) LIMITED                                                 
(Registration number: 1999/024433/07)                                           
Date: 27/01/2003 05:15:00 PM Produced by the JSE SENS Department

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