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Mon 5 Jan 2004, 14:22 Further Cautionary Announcement
The Cementation Company (Africa) Limited - Further Cautionary Announcement      
  The Cementation Company (Africa) Limited                                        
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1926/008840/06)                                            
  Share code: CMT  ISIN: ZAE000001582                                             
  Share code: CMTP  ISIN: ZAE000001590                                            
  ("Cementation" or "the company")                                                
  FURTHER CAUTIONARY ANNOUNCEMENT                                                 
  Further to the announcements dated 17 and 19 November 2003, shareholders are    
  advised that negotiations are still in progress which, if successfully          
  concluded, may lead to a change in control of the company.                      
  Accordingly, ordinary shareholders and preference shareholders are advised to   
  continue to exercise caution when dealing in their ordinary shares and          
  preference shares, respectively, until such time as a detailed announcement is  
  published.                                                                      
  Johannesburg                                                                    
  5 January 2004                                                                  
  Merchant bank and sponsor to Cementation                                        
  Standard Corporate and Merchant Bank                                            
  (A division of The Standard Bank of South Africa Limited)                       
  (Registration number 1962/000738/06)                                            
  Date: 05/01/2004 02:09:01 PM Produced by the JSE SENS Department
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