Paracon - CAUTIONARY ANNOUNCEMENT REGARDING BLACK ECONOMIC EMPOWERMENT
TRANSACTION
Paracon Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1997/008181/06)
(Share code: PCN)
(ISIN: ZAE000029674)
("Paracon" or "the company")
CAUTIONARY ANNOUNCEMENT REGARDING BLACK ECONOMIC EMPOWERMENT TRANSACTION
Shareholders of Paracon are informed that the company is in the advanced stages
of negotiating a black economic empowerment transaction that would result in WDB
Investment Holdings (Proprietary) Limited emerging as a significant shareholder
in Paracon.
Paracon shareholders are therefore advised to exercise caution in their
sharedealings until a further announcement is made.
Randburg
27 March 2003
Investment Bank and Sponsor
Nedbank Corporate
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