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African Media Entertainment Limited - Further Cautionary Announcement           
African Media Entertainment Limited                                             
   (Incorporated in the Republic of South Africa)                               
(Registration number 1926/008797/06)                                         
   Share code AME   ISIN ZAE000014106                                           
   ("AME" or "the company")                                                     
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Further to the cautionary announcement dated 17 February 2003, shareholders  
are advised that negotiations are continuing, which if successfully concluded,  
may have a material effect on the price at which the company"s shares trade on  
the JSE Securities Exchange South Africa.                                       
Shareholders are accordingly advised to continue to exercise caution in      
dealing in their AME shares until a further announcement in this regard is made.
   North Riding                                                                 
   31 March 2003                                                                
Sponsor                                                                         
  LPC Manhattan Sponsors (Pty) Ltd                                              
  (Registration number 1999/024792/07)

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