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Tue 15 Jul 2003, 18:27 SALIENT DATES ANNOUNCEMENT PERTAINING TO THE DISPO
SALIENT DATES ANNOUNCEMENT PERTAINING TO THE DISPOSAL BY BONATLA OF ITS ENTIRE  
PROPERTY PORTFOLIO ("the disposal")                                             
   Further to the announcement dated 13 March 2003, a circular pertaining to the
disposal and incorporating a notice convening a general meeting has been mailed 
to shareholders today.                                                          
The salient dates and times pertaining to the disposal are as follows:          
                                                                          2003  
Circular and notice of general meeting of                                       
 Bonatla shareholders posted                                  Tuesday, 15 July  
Forms of proxy for the general meeting of                                       
 shareholders to be lodged by 10:00 on                       Tuesday, 5 August  
General Meeting of Bonatla shareholders to                                      
 be held at 10:00 on                                       Wednesday, 6 August  
Results of the general meeting published on SENS on        Wednesday, 6 August  
Results of general meeting published in the press on        Thursday, 7 August  
Last day to trade in Bonatla shares for return of                               
 capital and distribution in specie                          Friday, 15 August  
Listing of Bonatla shares suspended as from                                     
 commencement of business on                                 Monday, 18 August  
Trading in Bonatla shares on the JSE suspended                                  
 from commencement of trade on                               Monday, 18 August  
Trading in Alpina "b-class" linked units commences on        Monday, 18 August  
Record date to be eligible for the return of capital         Friday, 22 August  
Record date to be eligible for the distribution in specie    Friday, 22 August  
Accounts of dematerialised shareholders automatically                           
credited with their broker or CSDP with the amount                             
 of the return of capital                                    Monday, 25 August  
Payment made to certificated shareholders of the                                
 amount due in terms of the return of capital                Monday, 25 August  
"b-class" linked units in Alpina distributed to                                 
 eligible certificated shareholders on or about              Monday, 25 August  
Accounts of dematerialised shareholders automatically                           
 updated with their broker or CSDP with "b-class"                               
linked units in Alpina on                                   Monday, 25 August  
Delisting of Bonatla shares from the JSE                         To be advised  
Notes:                                                                          
1. The above dates and times are subject to change. Any amendments will be      
published on SENS and in the press.                                             
2. Share certificates may not be dematerialised or rematerialised after Friday, 
15 August 2003.                                                                 
   Sandton                                                                      
15 July 2003                                                                 
Sponsor                                                                         
   LPC Manhattan Sponsors (Pty) Ltd                                             
  (Registration number 1999/024792/07)                                          
Date: 15/07/2003 05:47:05 PM Supplied by www.sharenet
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