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Mon 1 Sep 2003, 18:25 - FURTHER CAUTIONARY ANNOUNCEMENT
AQUA ONLINE HOLDINGS LIMITED- FURTHER CAUTIONARY ANNOUNCEMENT                   
AQUA ONLINE HOLDINGS LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1971/005628/06)                                            
Share code: AQU                                                                 
ISIN: ZAE000024360                                                              
("the company")                                                                 
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders are referred to the cautionary announcements dated 30 May 2003 and 
11 July 2003 and are advised that the company still awaits certain regulatory   
approvals before the circular to shareholders can be issued.                    
Accordingly, shareholders are advised to continue to exercise caution when      
dealing in the company"s securities until a further announcement is made.       
Rosebank                                                                        
1 September 2003                                                                
Transactional Sponsor                                                           
Deloitte & Touche Sponsor Services (Pty) Ltd                                    
 (Registration number 1996/000034/07)                                           
Date: 01/09/2003 05:15:09 PM                      
Produced by the JSE SENS Department                                             
                                                                                
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