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Cadiz Holdings Limited - Cautionary announcement                                
Cautionary announcement                                                         
(Registration number: 1997/007258/06)                                           
ISIN code:  ZAE000017661                                                        
Share code:  CDZ                                                                
Cautionary announcement                                                         
Shareholders are advised that Cadiz is involved in negotiations which, if       
successfully concluded, may have an effect on the price at which Cadiz shares   
trade on the JSE Securities Exchange South Africa.                              
Accordingly, shareholders are advised to exercise caution when dealing in their 
Cadiz shares until a full announcement is made.                                 
Cape Town                                                                       
06 March 2003                                                                   
Sponsor                                                                         
Investec Securities Limited                                                     
(Registration number 1972/008905/06)                                            
Date: 07/03/2003 02:59:00 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             

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