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Primedia Limited - Cautionary Announcement 
Release Date: 24/07/2003 14:30:18      Code(s): PMA PMN 
PRIMEDIA LIMITED - CAUTIONARY ANNOUNCEMENT                                      
PRIMEDIA LIMITED                                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1993/003355/06)                                            
Share code: PMA      ISIN:  ZAE000035119                                        
            PMN      ISIN:  ZAE000035127                                        
("Primedia")                                                                    
24 July 2003                                                                    
Cautionary Announcement                                                         
Primedia shareholders are advised that Primedia is involved in discussions,     
which, if successfully concluded, could have an effect on Primedia"s share      
prices.  Accordingly, shareholders are advised to exercise caution in dealing in
Primedia shares until a further announcement is made.                           
Sponsor and Corporate Advisor                                                   
Investec Bank Limited                                                           
(Registration number 1969/004763/06)                                            

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