NAIL - Renewal of cautionary announcement
New Africa Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/002467/06)
Share code: NAI and NAN
ISIN: ZAE000033338 and ZAE0000033346
(`NAIL`)
RENEWAL OF CAUTIONARY ANNOUNCMENT
NAIL shareholders are referred to the announcements made by NAIL dated 17
December 2004 and 31 January 2005, wherein NAIL shareholders were advised that
it had received a firm intention to make an offer from Primedia Limited, subject
to certain conditions precedent, to acquire all of the issued shares in NAIL.
One of the conditions precedent was the disposal by NAIL of its entire interest
in Alisa Holdings (Proprietary) Limited (`Hertz`). Negotiations are currently in
progress to dispose of Hertz. NAIL shareholders are advised that they should
continue to exercise caution in dealing in their NAIL shares until a further
announcement is made.
Bryanston
12 April 2005
Sponsor
Investec Bank Limited
Date: 12/04/2005 05:01:34 PM
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