SHOPS FOR AFRICA LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT
SHOPS FOR AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/018084/06)
Share code: SFA
ISIN code: ZAE000031241
("Shops for Africa" or "the company")
FURTHER CAUTIONARY ANNOUNCEMENT
Unit-holders are referred to the announcement published on SENS on 3 October
2003 and in the press on 7 October 2003 where they were advised that, inter
alia, the board of directors of the company ("the board") had received an
unsolicited conditional offer for the entire property portfolio of the company
("the property portfolio") but rejected it on the basis that it did not
represent fair value to Shops for Africa unit-holders.
Unit-holders are now advised that the board has resumed discussions which may
result in the disposal of the property portfolio. As these discussions may have
a material effect on the price at which Shops for Africa linked units trade on
the JSE Securities Exchange SA, unit-holders are advised to continue to exercise
caution in this regard when dealing in their Shops for Africa linked units until
a further announcement is made.
Cape Town
29 October 2003
Sponsor
SASFIN CORPORATE FINANCE
A division of Sasfin Bank Limited
Date: 29/10/2003 01:54:02 PM Supplied by www.sharenet.co.za
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