GLOBAL TECHNOLOGY AUSTRALASIA LIMITED
Global Technology Limited
("Glotec")
(Incorporated in the Republic of South Africa)
(Registration number 1996/009809/06)
Share code: GLT ISIN: ZAE000016820
GLOBAL TECHNOLOGY AUSTRALASIA LIMITED
Further to the circular issued 11 August 2003, Glotec wishes to advise
shareholders that the directors of Admerex Limited ("Admerex") (formerly Global
Technology Australasia Limited) have placed the company into voluntary
administration to enable a financial re-organisation of the company to be
effected. The alleged disposal of Glotec"s interest in Admerex, as detailed in
the announcement dated 23 June 2003, continues to be a matter of dispute and the
directors of Glotec remain of the opinion that any claim in this regard will be
successfully defended.
Johannesburg
17 September 2003
Gensec Bank Ltd
Sponsor
Date: 17/09/2003 02:18:55 PM Produced by the JSE SENS Department
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