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The York Timber Organisation Limited                                            
(Registration number 1916/004890/06)                                            
ISIN: ZAE000008108                                                              
SHARE CODE: YRK                                                                 
("Yorkcor")                                                                     
Sasfin corporate finance is authorised to announce that Yorkcor has appointed a 
new company secretary. Mr Francois Dekkers`s appointment became effective, 2    
June 2003.

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