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Registration number 1994/000078/06                                              
("Alacrity" or "the company")                                                   
Share Code : ALY                                                                
ISIN Code : ZAE000023966                                                        
CAUTIONARY ANNOUNCEMENT                                                         
Quaestor Capital (Proprietary) Limited is authorised to announce that there are 
new developments relating to the company, the full impact of which are currently
being determined and which may have a material effect on the price of the       
company`s securities.                                                           
Shareholders are accordingly advised to exercise caution when dealing in their  
Alacrity securities until a full announcement is made.                          
Johannesburg                                                                    
19 February 2003                                                                
Corporate advisor and Sponsor                                                   
Quaestor Capital (Proprietary) Limited                                          
Date: 19/02/2003 09:39:00 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             

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