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Proper Group Limited - Withdrawal of Cautionary Announcement                    
PROPER GROUP LTD MANAGEMENT SERVICES                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1998/001940/06)                                           
(JSE sharecode: PRO)                                                            
(ISIN code: ZAE000027181)                                                       
Withdrawal of Cautionary Announcement                                           
Shareholders are advised that the negotiations referred to in the renewal of    
cautionary announcement, dated 14 January 2003, are no longer in progress.      
Shareholders are, therefore, advised that caution is no longer required.        
Bloemfontein                                                                    
05 March 2003                                                                   
Sponsor                                                                         
KPMG                                                                            
Date: 05/03/2003 05:30:00 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             

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