MILLIONAIR CHARTER LIMITED - WITHDRAWAL OF CAUTIONARY
MILLIONAIR CHARTER LIMITED
(Registration number 1993/000092/06)
Incorporated in the Republic of South Africa
("Millionair" or "the Company")
Share Code: MLL
ISIN: ZAE000017810
WITHDRAWAL OF CAUTIONARY
Shareholders are referred to the further cautionary announcement published on
SENS on 23 October 2003 and in the press on 24 October 2003.
Shareholders were advised that the controlling shareholder of Millionair, King
Air Services ("King Air"), had signed an agreement, subject to certain
suspensive conditions ("the suspensive conditions"), in terms of which Global
Air Cargo Pty Ltd would acquire 86 576 194 Millionair shares from King Air,
comprising 86,02% of the entire issued ordinary share capital of Millionair.
As the suspensive conditions have not been fulfilled, the agreement has lapsed.
Shareholders are therefore advised that caution is no longer required when
dealing in their Millionair shares.
Johannesburg
17 December 2003
Sponsor
SASFIN CORPORATE FINANCE, A DIVISION OF SASFIN BANK LIMITED
Date: 17/12/2003 04:00:04 PM Supplied by www.sharenet.co.za
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