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Mon 2 Jun 2003, 17:48 The House of Busby Limited - Results of offer Anno
THE HOUSE OF BUSBY LIMITED                                                      
   (Incorporated in the Republic of South Africa)                               
(Registration number 1997/009173/06)                                         
   Share code: BSB   ISIN: ZAE000013637)                                        
   ("Busby")                                                                    
Results of offer announcement                                                   
Busby shareholders are referred to the circular dated 9 May 2003, relating to
the mandatory offer by a consortium led by Messrs D S and   K L Brouze ("the    
Consortium") to Busby shareholders to acquire their Busby shares for a cash     
consideration of 120 cents per share ("the offer").                             
On the closing date of the offer, being Friday, 30 May 2003, acceptances in  
terms of the offer had been received from shareholders holding in aggregate 1   
884 898 shares, resulting in the Consortium increasing their holding to 48,5% in
the issued share capital of Busby.                                              
Johannesburg                                                                 
   2 June 2003                                                                  
Merchant bank                                                                   
  Investec Corporate Finance                                                    
Investec Bank Limited                                                         
  (Registration number 1969/004763/06)                                          
Sponsor                                                                         
  Investec Securities Limited                                                   
Member of the JSE                                                             
  (Registration number. 1972/008905/06)
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