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Wetherlys - Cautionary Announcement                                             
Wetherlys Investment Holdings Limited                                           
(Registration number 1996/016455/06)                                            
Share code:  WET                                                                
ISIN:  ZAE00001827                                                              
("Wetherlys" or "the Company")                                                  
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Wetherlys have entered into discussions, which, if
successfully concluded, could affect the price of the Company"s shares.         
Accordingly, Wetherlys shareholders are advised to exercise caution when dealing
in their shares on the JSE Securities Exchange South Africa until a further     
announcement is made.                                                           
Johannesburg

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