Aquila - Update on disposal of interest in Global Resorts SA (Pty) Limited and
withdrawal of cautionary announcement
Aquila Growth Limited
Incorporated in the Republic of South Africa
(Registration number 1995/003158/06)
Share code: AQL ISIN: ZAE000013959
("Aquila")
Update on disposal of interest in Global Resorts SA (Pty) Limited and withdrawal
of cautionary announcement
Shareholders are referred to the detailed announcement dated 11 December 2002
and the subsequent announcement dated 3 April 2003, relating to the conditional
disposal of Aquila"s interest in Global Resorts SA (Pty) Limited ("the
transaction"). Certain of the conditions precedent to the disposal have not
been met and therefore the transaction has been terminated. Shareholders are
therefore no longer required to exercise caution when dealing in their Aquila
shares on the JSE Securities Exchange South Africa.
Johannesburg
21 May 2003
Sponsor and independent advisor Legal advisers
Bridge Capital Services (Pty) Limited Peter Dawe & Associates
Date: 21/05/2003 05:15:04 PM Supplied by www.sharenet.co.za
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