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Fri 4 Jul 2003, 12:16 Withdrawal of cautionary announcement
Matodzi Resources Limited -     
Matodzi Resources Limited                                                       
   (Formerly New Mining Corporation Limited)                                    
Incorporated in the Republic of South Africa                                 
   (Registration number 1933/004523/06)                                         
   Share code: MTZ   ISIN: ZAE000042412                                         
   ("Matodzi")                                                                  
Withdrawal of cautionary announcement                                           
   Further to the cautionary announcements dated 26 March 2003, 8 May 2003 and  
23 June 2003, shareholders are advised that negotiations involving Matodzi have 
been terminated.                                                                
Shareholders are accordingly advised that caution when dealing in Matodzi       
securities is no longer required.                                               
   4 July 2003                                                                  
Sponsor                                                                         
RIVER GROUP                                                                  
Corporate adviser                                                               
   PSG CAPITAL                                                                  
Corporate law advisers and consultants                                          
Edward Nathan & Friedland (Pty) Ltd                                          
   Corporate Law advisers & Consultants                                         
  (Registration number 1999/026464/07)                                          
Date: 04/07/2003 12:04:27 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
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