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Thu 6 Mar 2003, 12:13 Nail- Withdrawal of cautionary
Nail - Withdrawal of cautionary announcement                                    
NEW AFRICA INVESTMENTS LIMITED                                                  
   (Incorporated in the Republic of South Africa)                               
(Registration number 1993/002467/06)                                         
   Share codes: NAI and NAN                                                     
   ISIN: ZAE000012134 and ZAE000011946                                          
   ("Nail")                                                                     
Withdrawal of cautionary announcement                                           
   Shareholders of Nail are referred to the cautionary announcements published  
on 3 October 2002, 14 November 2002, 27 December 2002 and 7 February 2003 and   
are advised that Nail has terminated the discussions referred to therein.       
Accordingly, shareholders of Nail are no longer required to exercise caution in 
their dealings in Nail ordinary and "N" ordinary shares.                        
   Johannesburg                                                                 
6 March 2003                                                                    
Merchant bank and sponsor to Nail                                               
  AMB                                                                           
  African Merchant Bank Limited                                                 
  Registered Bank                                                               
Registration number 1996/016470/06                                            
Corporate law advisers and consultants to Nail                                  
  Edward Nathan & Friedland (Pty) Ltd                                           
  Corporate Law advisers & Consultants                                          
(Registration number 1999/026464/07)                                          
Date: 06/03/2003 11:40:00 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             

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