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Intertrading Limited - Withdrawal Of Cautionary Announcement                    
Intertrading Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/004777/06)                                            
Share code ITR ISIN ZAE000015566                                                
("Intertrading" or "the company")                                               
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
Shareholders are referred to the further cautionary announcement published on   
SENS on 7 March 2003 and in the press on 10 March 2003.                         
The negotiations referred to have been terminated and shareholders are          
accordingly advised that they need no longer exercise caution in this regard    
when dealing in their Intertrading shares.                                      
JOHANNESBURG                                                                    
14 April 2003                                                                   
Sponsor                                                                         
Sasfin Bank Limited                                                             

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