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Coronation Holdings Limited                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1902/001739/06)                                           
JSE share codes:                                                                
(Ordinary share code: CRH)                                                      
(ISIN number: ZAE000001772)                                                     
(`N` ordinary share code: CRN)                                                  
(ISIN number: ZAE000010369)                                                     
("Coronation" or "the Company")                                                 
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that the board of directors of Coronation is currently 
considering proposals which 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.     
Cape Town                                                                       
5 February 2003                                                                 
Sponsor                                                                         
Deutsche Securities (SA) (Pty) Limited                                          
Date: 05/02/2003 08:01:00 AM Produced by the JSE SENS Department                

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