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Thu 11 Dec 2003, 15:57 Withdrawal Of Cautionary Announcement
Johnnic Holdings Limited - Withdrawal Of Cautionary Announcement                
  Johnnic Holdings Limited                                                        
  ("Johnnic")                                                                     
  (Incorporated in the Republic of South Africa)                                  
  Registration number: 1889/000429/06                                             
  Share code: JNC                                                                 
  ISIN Code: ZAE000024352                                                         
  WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
  Shareholders of Johnnic are referred to the Johnnic announcement dated 19       
  November 2003 and to the announcement published on SENS by Johnnic              
  Communications Limited ("Johncom") on Thursday, 11 December 2003 ("Johncom      
  announcement").                                                                 
  In the Johncom announcement shareholders of Johncom were advised that it is     
  still engaged in discussions to secure certain of the media assets of New Africa
  Investments Limited. However, the outcome of these discussions will no longer   
  have a material effect on the share price of Johncom.                           
  Accordingly, shareholders in Johnnic are no longer required to exercise caution 
  in their dealings in Johnnic shares.                                            
  Johannesburg                                                                    
  11 December 2003                                                                
  Sponsor                                                                         
  Merrill Lynch South Africa (Pty) Limited                                        
  Date: 11/12/2003 03:54:02 PM Produced by the JSE SENS Department                
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