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Wed 12 Mar 2003, 8:26 Global Technology Limited - Cautionary Announcemen
GLOBAL TECHNOLOGY LIMITED                                                       
   (Incorporated in the Republic of South Africa)                               
(Registration number 1996/009809/06)                                         
   Share code GLT   ISIN ZAE000016820                                           
Trading update and cautionary announcement                                      
   Further to the trading update of 9 January 2003, the Board of Global         
Technology Limited ("Glotec" or "the company") wishes to advise shareholders    
that the loss for the financial year ended 31 December 2002, will be            
significant.                                                                    
   Furthermore, shareholders are advised that the company is in discussions     
which may have a material effect on the price of Glotec"s securities.           
Shareholders are therefore advised to exercise caution in dealing in the        
company"s securities until a full announcement is made.                         
Previously it was announced that the annual results would be published on 13    
March 2003. Due to a delay in the finalisation of the results, the announcement 
will be made at the end of March 2003.                                          
   Johannesburg                                                                 
   11 March 2003                                                                
Sponsor                                                                         
  Gensec Bank Limited                                                           
  (Registration number 1996/004744/06)                                          
Investor relations                                                              
Arcay Financial Communications                                                
  Registration number 1998/024383/07                                            



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