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Avasa Holdings - RESULTS OF GENERAL MEETING                                     
AVASA HOLDINGS LIMITED                                                          
(Formerly Dectronic Limited)                                                    
Incorporated in the Republic of South Africa                                    
(Registration number 1998/013637/06)                                            
Share Code: AVA   ISIN: ZAE000040622                                            
("AVASA Holdings" or "the Company")                                             
                                          
Shareholders are advised that at the general meeting of the company held on     
Thursday, 3 April 2003, the company"s shareholders passed, with the requisite   
majority, the special and ordinary resolutions contained in the circular to     
shareholders dated 11 March 2003, relating to inter alia, the amendments to the 
AVASA Holdings share option scheme.                                             
The special resolution has been lodged with the registrar of companies for      
registration.                                                                   
Johannesburg                                                                    
3 April 2003                                                                    
Sponsor                                                                         
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