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MEDI-CLINIC CORPORATION LIMITED - CAUTIONARY ANNOUNCEMENT                       
MEDI-CLINIC CORPORATION LIMITED                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1983/010725/06)                                           
Share code: MDC                                                                 
ISIN: ZAE000004370                                                              
("Medi-Clinic")                                                                 
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Medi-Clinic has entered into discussions which 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.                                
Stellenbosch                                                                    
12 November 2003                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A DIVISION OF FIRSTRAND BANK LIMITED)                       
CORPORATE FINANCE                                                               
Date: 12/11/2003 09:04:12 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department

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