Maxtec Limited - TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
Maxtec Limited
Incorporated in the Republic of South Africa
(Registration number 1998/004039/06)
Share Code: MEC ISIN: ZAE000016721
("Maxtec" or "the company")
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
Maxtec is currently finalising its results for the year ended 31 August 2003
("the 2003-year"), which will be released before the end of November 2003.
Shareholders are advised that the loss for the 2003-year will be materially, as
defined in the Listings Requirements of the JSE Securities Exchange South Africa
("the JSE"), greater than that reported in the previous financial year.
This earnings information has not been reviewed and reported on by the company"s
auditors.
Further, shareholders are advised that the company has entered into discussions
which, if concluded successfully, may have an impact on the price at which the
company"s securities are trading on the JSE. Accordingly, Maxtec"s shareholders
are advised to exercise caution when dealing in the company"s securities until a
further announcement is made in this regard.
Johannesburg
11 November 2003
Sponsor
Merchant Sponsors (Proprietary) Limited
Date: 11/11/2003 12:49:02 PM Produced by the JSE SENS Department
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