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Quyn Holding Limited                                                            
(Registration number 1998/012245/06)                                            
("Quyn" or "the company")                                                       
Share code: QUY                                                                 
ISIN code: ZAE000017257                                                         
Renewal of cautionary announcement                                              
Further to the cautionary announcement dated 17 June 2003, shareholders are     
advised that the directors of Quyn are still considering proposals, which if    
implemented, may have an effect on the price at which the company"s securities  
trade on the JSE Securities Exchange SA. Shareholders are advised to continue to
exercise caution when dealing in their Quyn securities, until such time as a    
full announcement is made.                                                      
Johannesburg                                                                    
29 July 2003                                                                    
Sponsor                                                                         
KPMG Services (Pty) Ltd

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