Further to the announcements dated 20 Feb 03 and 4 Apr 03 in which shareholders were advised of negotiations with a potential empowerment partner, shareholders are now advised that good progress has been made with these negotiations, which are now subject only to a small number of outstanding issues which, at this stage, the directors are confident of finalising shortly. If successfully concluded, this transaction may have a material effect on the company's share price. Shareholders are accordingly advised to exercise caution in dealing in the company's shares until further notice.
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