Steers Holdings Limited
(Registration No. 1969/004875/06)
Share Code: STE
ISIN Code: ZAE000008330
("Steers" or "the company")
MEDIA INFORMATION
Johannesburg, 31 July 2003: On 11 June 2003, Steers Holdings" warehouse based
in Midrand, Gauteng, was gutted by fire. The company"s insurer, Santam Limited,
yesterday paid R8 million to Steers Holdings as an interim payment, in advance
of the final claim being settled.
It is anticipated that the balance of the claim will be settled in due course.
ends
Kevin Hedderwick Del-Maree English
Chief Operating Officer Franchising Signatures Investor Relations
Steers Holdings Cell: 083 395 8608
Cell: 083 300 2530 Tel: (011) 803 1212
Tel: (011) 651 5812 / (011) 651 5714
Date: 31/07/2003 01:41:06 PM Supplied by www.sharenet.co.za
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