MGX Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MGX ISIN:ZAE000009262
("MGX")
RESULTS OF THE GENERAL MEETING
Shareholders of MGX are advised that at the general meeting held on Monday,
14 July 2003 relating to the disposal of the business of MGX Enterprise
Solutions (Proprietary) Limited ("Enterprise Solutions") to Dreamteam
Investments (Proprietary) Limited ("the Enterprise Solutions disposal"), the
requisite majority of MGX shareholders voted in favour of the ordinary
resolutions pertaining to the Enterprise Solutions disposal.
All the conditions precedent for the Enterprise Solutions disposal have now
been fulfilled.
Sandton
14 July 2003
Merchant bank and sponsor
SCMB
Standard Corporate and Merchant Bank
(A division of The Standard Bank of South Africa Limited)
(Registration number 1962/000738/06)
Reporting accountants and auditors
Deloitte & Touche Chartered Accountants (SA)
Registered Accountants and Auditors
Attorneys
WEBBER WENTZEL BOWENS
Independent adviser
Deloitte & Touche
Corporate Finance
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