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Wed 28 May 2003, 17:18 Trencor / Mobile - Convertible Debentures
TRENCOR LIMITED                                                                 
(Reg No 1955/002869/06)                                                         
("Trencor")                                                                     
Share Code: TED2                                                                
ISIN: ZAE000007282                                                              
MOBILE INDUSTRIES LIMITED                                                       
(Reg No 1968/014997/06)                                                         
("Mobile")                                                                      
Share Code: MOBD                                                                
ISIN: ZAE000004610                                                              
6% UNSECURED AUTOMATICALLY                                                      
CONVERTIBLE SUBORDINATED DEBENTURES                                             
("CONVERTIBLE DEBENTURES")                                                      
INTEREST PAYMENT NO. 23                                                         
Notice is hereby given that interest at the rate of 6% per annum in respect of  
the six month period ending 30 June 2003 will be paid to holders of convertible 
debentures in the following companies as follows:                               
  TRENCOR   27,3 CENTS PER CONVERTIBLE DEBENTURE                                
MOBILE    6,75 CENTS PER CONVERTIBLE DEBENTURE                                
The salient dates pertaining to the interest payments are as follows:           
Last day to trade cum the interest payment   Thursday 12 June 2003              
Trading commences ex the interest payment    Friday 13 June 2003                
Record date                                  Friday 20 June 2003                
Payment date                                 Monday 30 June 2003                
Interest cheques, dated 30 June 2003, in respect of certificated debenture      
holders, will be posted on or about Monday, 23 June 2003. The convertible       
debenture certificates may not be dematerialised or rematerialised between      
Friday, 13 June 2003 and Friday, 20 June 2003, both days inclusive.             
BY ORDER OF THE BOARDS: TRENCOR SERVICES (PTY) LTD SECRETARIES                  
28 MAY 2003                                                                     
TRANSFER SECRETARIES                                                            
COMPUTERSHARE INVESTOR SERVICES LIMITED                                         
70 MARSHALL STREET                                                              
JOHANNESBURG 2001                                                               
PO BOX 61051 MARSHALLTOWN 2107                                                  
TEL 011 370 5000                                                                
www.trencor.net                                                                 
www.mobile-industries.net
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