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Thu 13 Mar 2003, 16:24 Glenrand M.i.b Limited - Disposal Of Glenrand Limi
Glenrand M.I.B Limited - Disposal of Glenrand Limited                           
Glenrand M.I.B Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/008001/06)                                            
Share Code: GMB   ISIN :  ZAE000018529                                          
("Glenrand M.I.B ")                                                             
Disposal of Glenrand Limited                                                    
Shareholders are referred to the announcement released on SENS on 22 November   
2002 relating to the disposal by Glenrand M.I.B of its interest in Glenrand     
Limited, London and advise that completion of the sale of our shares in Glenrand
Limited has taken place and that all guarantees, obligations and inter-company  
loans have been settled. The transaction is now complete.                       
Johannesburg                                                                    
13 March 2003                                                                   
Sponsor                                                                         
Nedbank Corporate                                                               
A division of Nedbank Limited                                                   
(Registration number 1951/000009/06)
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