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Fri 20 Jun 2003, 9:00 Further Cautionary announcement
Relyant - Further Cautionary announcement                                       
Relyant Retail Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1937/010108/06)                                            
Share code: RLY   ISIN: ZAE000016457                                            
("Relyant")                                                                     
                                                
Shareholders are referred to the cautionary announcement dated 27 March 2003 as 
well as the further cautionary announcement dated 8 May 2003 and are hereby     
advised that the company is still involved in negotiations, which if            
successfully concluded, may have a material effect on the price at which the    
Relyant shares trade on the JSE Securities Exchange South Africa.               
Accordingly, shareholders are advised to continue to exercise caution when      
dealing in their Relyant shares until a further announcement is made.           
18 June 2003                                                                    
Sponsor                                                                         
Investec Bank Limited logo                                                      
Date: 19/06/2003 05:00:04 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
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