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Fri 7 Feb 2003, 9:39 Falcon Investment Holdings Socit Anonyme - Renew
FALCON INVESTMENT HOLDINGS SOCIT ANONYME                                      
(Incorporated in Luxembourg - R.C. Number B39773)                               
("the Company")                                                                 
Share code: FLC  ISIN number: LU0042254812                                      
RENEWAL OF CAUTIONARY                                                           
Further to the cautionary announcement dated 20 December 2002, where reference  
was made to the cautionary announcement released by the Company`s subsidiary    
Falcon Gold Zimbabwe Limited on the 5 March 2002, shareholders are now advised  
that the following announcement has now been released:                          
"FALCON GOLD ZIMBABWE LIMITED                                                   
CAUTIONARY STATEMENT                                                            
For more than six months the Company has published Cautionary Statements in     
respect of a transaction under negotiation, which could impact upon the         
interests of the Company if the one outstanding consent from the regulatory     
authorities is forthcoming.                                                     
Immediately the consent is to hand, a comprehensive statement to Shareholders   
will be issued. Pending such statement, Shareholders are once again advised to  
exercise caution in any dealings in the Company`s shares."                      
In light of the above, shareholders in Falcon Investment Holdings S.A. are      
advised to continue to exercise caution and consult their professional advisors 
when dealing in the company`s shares.                                           
7 February 2003                                                                 
Sponsor                                                                         
The Janus Corporation (Pty) Ltd)                                                
Group Secretaries                                                               
City Group P.L.C.                                                               
Date: 07/02/2003 09:00:00 AM Produced by the JSE SENS Department                

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