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Wed 5 Feb 2003, 18:09 GILBOA`S CONTINUED LISTING
GilbGilboa Properties Limited - Gilboa`s Continued Listing                          
GILBOA PROPERTIES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1986/004649/06)                                            
("Gilboa" or "the company")                                                     
ISIN Code: ZAE 000010286                                                        
Share code: GLB                                                                 
GILBOA`S CONTINUED LISTING                                                      
Following the announcement by the JSE regarding the annotation of its securities
on SENS and in the press on 13 January 2003, the directors of the company are   
pleased to advise the following:                                                
The situation with Gilboa has been rectified to the satisfaction of the JSE and 
the Committee has come to a decision whereby the company will continue to be    
listed; and                                                                     
The transaction with Ifa leSizwe Investments (Proprietary) Limited will go ahead
as planned and a circular to shareholders will be posted in due course.         
Arcay Group Limited                                                             
Sponsor                                                                         
05 February 2003                                                                
Date: 05/02/2003 05:46:00 PM Produced by the JSE SENS Department                

                     
GILBOA PROPERTIES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1986/004649/06)                                            
("Gilboa" or "the company")                                                     
ISIN Code: ZAE 000010286                                                        
Share code: GLB                                                                 
GILBOA`S CONTINUED LISTING                                                      
Following the announcement by the JSE regarding the annotation of its securities
on SENS and in the press on 13 January 2003, the directors of the company are   
pleased to advise the following:                                                
The situation with Gilboa has been rectified to the satisfaction of the JSE and 
the Committee has come to a decision whereby the company will continue to be    
listed; and                                                                     
The transaction with Ifa leSizwe Investments (Proprietary) Limited will go ahead
as planned and a circular to shareholders will be posted in due course.         
Arcay Group Limited                                                             
Sponsor                                                                         
05 February 2003                                                                
Date: 05/02/2003 05:46:00 PM Produced by the JSE SENS Department                

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