Amb Holdings Limited - Further Cautionary Announce
AMB HOLDINGS LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT
AMB HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/003054/06)
Share Code: AMB
ISIN: ZAE 000029682
("AMB")
FURTHER CAUTIONARY ANNOUNCEMENT
AMB shareholders are advised that AMB, Credit Suisse First Boston (Europe)
Limited ("CSFB") and Pamodzi Investment Holdings Limited ("Pamodzi") have
reached agreement as to a process which will be followed with regards to CSFB`s
and Pamodzi`s shareholdings in AMB. Subject to fulfilment of various conditions
precedent relating primarily to the obtaining of requisite statutory and
regulatory approvals, this process should result in CSFB and Pamodzi disposing
of their shareholdings in AMB. Once there is finality as to the outcome of this
process, a detailed announcement will be made in this regard.
AMB shareholders are further referred to previous cautionary announcements and
are advised that AMB is still involved in negotiations with unitholders of AMB
Private Equity Partners Limited which, if successfully concluded, could have a
material effect on the price at which AMB shares trade on the JSE Securities
Exchange South Africa ("JSE").
Accordingly, AMB shareholders are advised to continue to exercise caution when
dealing in their shares until such time as further announcements are made in
these regards.
26 February 2003
Sponsor
African Merchant Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number 1996/015470/06)
Date: 26/02/2003 02:59:00 PM Supplied by www.sharenet.co.za
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