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Mon 24 Nov 2003, 12:47 RESIGNATION FROM THE BOARD OF MAXTEC
MAXTEC LIMITED - RESIGNATION FROM THE BOARD OF MAXTEC                           
MAXTEC LIMITED                                                                  
Incorporated in the Republic of South Africa                                    
(Registration number 1998/004039/06)                                            
Share code MEC     ISIN: ZAE000016721                                           
("Maxtec")                                                                      
RESIGNATION FROM THE BOARD OF MAXTEC                                            
In compliance with the requirements of paragraph 3.59 of the Listings           
Requirements of the JSE Securities Exchange South Africa, Maxtec announces that 
Mr Derek Henry Rabin has resigned as a director of Maxtec with immediate effect.
Sponsor                                                                         
Merchant Sponsors (Proprietary) Limited                                         
Johannesburg                                                                    
24 November 2003                                                                
Date: 24/11/2003 12:42:02 PM Supplied by www.sharenet.co.za                     
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