MGX Holdings Limited -
MGX HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MGX
ISIN: ZAE000009262
("MGX" or "the Company")
Further cautionary announcement
Further to the cautionary announcement dated 7 August 2003, shareholders are
advised that MGX has entered into an agreement, subject to certain conditions
precedent, for the disposal of its 95% interest in MGX Software Futures
(Proprietary) Limited ("the Software Futures disposal"). The details of the
Software Futures disposal including, inter alia, the terms and conditions of the
Software Futures disposal will be announced shortly. The Software Futures
disposal may have a material effect on the price of the Company"s shares.
Accordingly, shareholders are advised to continue to exercise caution when
dealing in the Company"s shares until a further announcement is made.
Sandton
12 August 2003
Sponsor
SCMB
Standard Corporate and Merchant Bank
(A division of The Standard Bank of South Africa Limited)
(Registration number 1962/000738/06)
Date: 12/08/2003 08:55:06 AM Supplied by www.sharenet.co.za
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