JOHNNIC HOLDINGS LIMITED - CAUTIONARY ANNOUNCEMENT
Johnnic Holdings Limited
("Johnnic" or "the Company")
(Incorporated in South Africa)
Registration number: 1889/000429/06
Share code: JNC
ISIN Code: ZAE000024352
Cautionary announcement
Johnnic shareholders are referred to the cautionary announcement published
jointly by Johnnic Communications Limited ("Johncom"), Caxton and CTP Publishers
and Printers Limited and Kagiso Media Limited, (the "Consortium"). The
Consortium is participating in the tender process announced by New Africa
Investments Limited ("NAIL") on 29 May 2003, and is the preferred bidder and
currently in negotiations in this regard. Should these negotiations result in
the Consortium making a firm intention offer, this may have a material effect on
the share price of Johncom and hence on the share price of Johnnic.
Johnnic shareholders are accordingly advised to exercise caution when dealing in
the Company"s securities.
Johannesburg
10 September 2003
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 10/09/2003 11:15:56 AM Supplied by www.sharenet.co.za
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