NEW CLICKS HOLDINGS LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT
NEW CLICKS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1996/000645/06)
Share code: NCL ISIN: ZAE000014585
("New Clicks")
FURTHER CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement dated 29 October 2003, New Clicks
wishes to provide clarity on the proposed disposal of New Clicks Australia
(Proprietary) Limited ("NCA") at fair value.
New Clicks has been in discussion with a consortium of private equity funders
to dispose of NCA. The acquisition of NCA was one of two transactions being
considered by the consortium. It has been reported in Australia that
negotiations in respect of the other transaction have been terminated.
However, New Clicks shareholders are advised that negotiations for the
proposed disposal of NCA are still in progress.
If the negotiations are successful, they could have an impact on the price at
which New Clicks" shares trade on the JSE Securities Exchange South Africa. New
Clicks shareholders are accordingly advised to continue exercising caution when
dealing in their New Clicks shares until a further announcement is made.
Sandton
9 December 2003
Merchant bank
Investec Corporate Finance
Investec Bank Limited
(Registration number 1969/004763/06)
Sponsor
Investec Bank Limited
(Registration number 1969/004763/06)
Date: 09/12/2003 03:54:02 PM
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