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Tue 27 Jan 2004, 8:39 RESULTS OF THE OFFER TO MINORITY SHAREHOLDERS
CCN HOLDINGS LIMITED - RESULTS OF THE OFFER TO MINORITY SHAREHOLDERS            
CCN HOLDINGS LIMITED                                                            
(Incorporated In the Republic of South Africa)                                  
(Registration  number 1998/006000/06)                                           
Share code: CCN   ISIN: ZAE000046819                                            
("CCN" or "the Company"))                                                       
RESULTS OF THE OFFER TO MINORITY SHAREHOLDERS                                   
Shareholders are advised that the holders of 4 899 535 ordinary shares in CCN   
accepted the voluntary offer from the Company to acquire their shares in terms  
of the voluntary offer as set out in the circular to shareholders dated 24      
November 2003.                                                                  
Accordingly, CCN will apply to the JSE Securities Exchange South Africa to      
cancel the above shares with effect from the close of business on Friday, 30    
January 2004 ("the cancellation").  Subsequent to the cancellation CCN will have
46 586 646 ordinary shares of 0.2 cent each in issue.                           
Sandton                                                                         
27 January 2004                                                                 
Sponsor                                                                         
LPC MANHATTAN                                                                   
Date: 27/01/2004 07:56:27 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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