African Gem Resources Limited
Further cautionary announcementShareholders are reminded of the cautionary
announcement relating to the disposal by AFGEM of its tanzanite business and the
signing of a Memorandum of Understanding relating to the potential acquisition
of a diamond business. Both transactions are progressing and an announcement
will be made shortly as to the progress in this regard. Shareholders are
accordingly advised to exercise caution in dealing in AFGEM shares until a
further announcement is made.
For and on behalf of the boardMJ Nunn
MR SummersChief Executive Officer Group Financial Director
31 March 2004
Date: 31/03/2004 05:00:14 PM Produced by the JSE SENS Department
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