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ALLIED TECHNOLOGIES LIMITED -                     
ALLIED TECHNOLOGIES LIMITED                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number 1946/020415/06)                                            
(Share Code ALT)                                                                
(ISIN: ZAE000015251)                                                            
("Altech" or "the company")                                                     
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Altech has entered into discussions which, should 
they develop, may have an effect on the price of the company"s ordinary shares. 
Accordingly, shareholders are advised to exercise caution when dealing in the   
company"s ordinary shares until a further announcement is made.                 
Johannesburg                                                                    
14 April 2003                                                                   
Joint Sponsor                                                                   
Cazenove                                                                        
Joint Sponsor                                                                   
HSBC                                                                            

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