Kumba/Assmang - Joint press statement by Kumba Resources Limited ("Kumba") and
Assmang Limited ("Assmang")
Kumba Resources Limited
(Incorporated in the Republic of South Africa)
Share Code: KMB
ISIN code: ZAE 000034310
("Kumba")
Assmang Limited
(Incorporated in the Republic of South Africa)
(Registration number 1935/007343/06)
Share code: ASG ISIN: ZAE000030789
("Assmang" or "the Company")
Further to the press comment following disclosure in Kumba"s results
announcement, dated 22 August 2003, of the heads of agreement (the "agreement")
entered into between Kumba and Assmang (the "parties"), both Kumba and Assmang
wish to provide the following clarification in relation thereto.
The purpose of the agreement, which is not legally binding, is to evaluate and
investigate the respective undeveloped iron ore deposits of Kumba and Assmang in
the Northern Cape, which could result in negotiations relating to a possible
exchange of deposits.
Both Kumba and Assmang have been independently investigating other alternatives
in regard to their own iron ore deposits.
For further information relating to this joint press statement, please contact:
Mike Kilbride (Kumba) on (012) 307-3488, fax (012) 307-4537
Phil Crous (Assmang) on (011) 770-6800, fax (011) 268-6035, or
Bryan Broekman (Assmang) on (011) 634-9111, fax (011) 634-0440
Johannesburg
25 August 2003
Date: 25/08/2003 04:24:08 PM Supplied by www.sharenet.co.za
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