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Tue 17 Jun 2003, 14:43 FULFILMENT OF SUSPENSIVE CONDITIONS AND LISTING OF
JASCO ELECTRONICS HOLDINGS LIMITED - FULFILMENT OF SUSPENSIVE CONDITIONS AND    
LISTING OF ORDINARY SHARES                                                      
JASCO ELECTRONICS HOLDINGS LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/003293/06)                                            
Share Code: JSC ISIN: ZAE000003794                                              
("Jasco" or "the company")                                                      
            
Further to the announcement of 26 May 2003, shareholders are advised that the   
two outstanding suspensive conditions referred to in that announcement have been
fulfilled.                                                                      
The ordinary and redeemable preference shares to be allotted and issued by Jasco
to Community Investment Holdings (Proprietary) Limited ("CIH") as partial       
settlement of the consideration payable for the acquisition by Jasco of all the 
shares in Tasslelane Investments (Proprietary) Limited from CIH will now be     
allotted and issued and the JSE Securities Exchange South Africa ("the JSE") has
agreed to list the ordinary shares on the JSE with effect from the commencement 
of business on 18 June 2003.                                                    
Woodmead                                                                        
17 June 2003                                                                    
SPONSOR                       LEGAL ADVISORS                                    
SASFIN CORPORATE FINANCE      H R LEVIN           BLUMENTHAL ATTORNEYS          
A division of                 Attorneys, Notaries                               
SASFIN BANK LIMITED           and Conveyancers                                  
Date: 17/06/2003 02:20:33 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                

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