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ALLIED TECHNOLOGIES LIMITED - Further cautionary announcement                   
ALLIED TECHNOLOGIES LIMITED                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number 1946/020415/06)                                            
Share code: ALT                   ISIN: ZAE000015251                            
("Altech" or "the company")                                                     
Further cautionary announcement                                                 
Further to the cautionary announcement dated 20 October 2003, shareholders are  
advised that Altech continues to be involved in discussions which, should they  
develop, may have a material effect on the price of the company"s ordinary      
shares.                                                                         
Accordingly, shareholders are advised to continue to exercise caution when      
dealing in the company"s ordinary shares until a further announcement is made.  
Johannesburg                                                                    
1 December 2003                                                                 
A member of the Altron Group                                                    
Sponsor                                                                         
CAZENOVE

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