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Wed 18 Jun 2003, 17:48 DISCLOSURE UNDER RULE 7.1 OF THE SECURITIES REGULA
DISCLOSURE UNDER RULE 7.1 OF THE SECURITIES REGULATION PANEL CODE ON            
TAKE-OVERS AND MERGERS                                                          
Exact Holding N.V. acting in consortium with Ivan Ferrer("the Exact/Ferrer      
Consortium")                                                                    
DISCLOSURE UNDER RULE 7.1 OF THE SECURITIES REGULATION PANEL CODE ON            
TAKE-OVERS AND MERGERS                                                          
Date of disclosure:        18 June 2003                                         
Date of dealing:           18 June 2003                                         
Dealing in:                Softline Limited                                     
                           ("Softline")                                         
                           (Registration number 1977/002304/06)                 
1) Class of securities:    Ordinary Shares                                      
2) Number           Number              Price                                   
   bought           sold                per unit                                
   59 322 969       Nil                 R1.45                                   
3) Resultant total of the same class owned or controlled (and                   
percentage of class):  The Exact/Ferrer Consortium controls 65 641 969          
Softline Limited shares, constituting 16,7 percent of the issued                
share capital of Softline Limited.                                              
4) Party making the disclosure:                                                 
Nedbank Corporate, a division of Nedbank Limited.                               
5) Name of purchaser:  Exact Holding N.V.                                       
Date: 18/06/2003 05:28:25 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                
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