HOWDEN AFRICA HOLDINGS LIMITED -
HOWDEN AFRICA HOLDINGS LIMITED
(Registration number: 1996/002982/06)
Share Code: HWN
ISIN Code: ZAE 000010583
("HAH" or "the Company")
FURTHER CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcements dated 1 September 2003, shareholders are
advised that negotiations are still in progress with regards to a merger of
Howden Pumps (Proprietary) Limited, a wholly-owned subsidiary of HAH, with the
businesses of Orbit Pump Manufacturing (Proprietary) Limited and Orbit Pump
Manufacturing (Botswana) (Proprietary) Limited, wholly-owned subsidiaries of
Liquid Movers Holdings NV ("LMH"). Should these negotiations be successfully
concluded, they might have a material effect on the price of the Company"s
shares.
HAH and LMH will use their best endeavours to give effect to and conclude the
proposed merger, which merger, will be subject to, inter alia, the requisite
regulatory authorities and approvals.
Until such time as the negotiations are completed and full details can be
provided, shareholders should exercise caution when dealing in the Company"s
shares until a further announcement is made.
Johannesburg
14 October 2003
Sponsor:
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
(Registration Number: 1970/003711/07)
Date: 14/10/2003 11:54:42 AM Supplied by www.sharenet.co.za
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