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Petra Mining Limited - Cautionary announcement                                  
  Petra Mining Limited                                                            
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1972/001062/06)                                            
  Share code: PET                                                                 
  ISIN: ZAE000010237                                                              
  ("Petmin" or "the Company")                                                     
  Cautionary announcement                                                         
  Shareholders are advised that Petmin has entered into                           
  negotiations, which if successfully concluded, may have a                       
  material effect on the price of the Company"s securities.                       
  Accordingly, shareholders are advised to exercise caution                       
  when dealing in the Company"s securities until a further                        
  announcement is made.                                                           
  Pretoria                                                                        
  15 September 2003                                                               
  Sponsor                                                                         
  River Group                                                                     
  Date: 15/09/2003 05:05:01 PM Produced by the JSE SENS Department

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