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Thu 8 May 2003, 17:23 Relyant Retail Limited - Further Cautionary Announ
Relyant Retail Limited - Further Cautionary announcement                        
Relyant Retail Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1937/010108/06)                                            
Share code: RLY   ISIN: ZAE000016457                                            
("Relyant")                                                                     
Further Cautionary announcement                                                 
Shareholders are referred to the cautionary announcement dated 27 March 2003,   
and are hereby advised that the company is still involved in negotiations, which
if successfully concluded, may have a material effect on the price at which the 
Relyant shares trade on the JSE Securities Exchange South Africa.               
Accordingly, shareholders are advised to continue to exercise caution when      
dealing in their Relyant shares until a further announcement is made.           
8 May 2003                                                                      
Sponsor                                                                         
Investec Bank Limited                                                           

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