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Tue 16 Aug 2005, 16:01 Johnnic Communications Limited - Independent Compa
Johnnic Communications Limited - Independent Company                            
Johnnic Communications Limited                                                  
Registered in the Republic of South Africa                                      
(Registration number 1889/000352/06)                                            
Share code: JCM    ISIN:  ZAE000024584                                          
(`Johncom`)                                                                     
INDEPENDENT COMPANY                                                             
In March 2005 Johnnic Holdings Limited (`Johnnic`) unbundled its entire         
shareholding in Johnnic Communications Limited (`Johncom`) to Johnnic           
shareholders.  Since this unbundling, Johnnic has had no interest in Johncom,   
whether directly or indirectly.                                                 
Accordingly the current corporate action in relation to Johnnic and Hoskens     
Consolidated Investments Limited (`HCI`) has no effect or impact on Johncom     
whatsoever.                                                                     
16 August 2005                                                                  
Johannesburg                                                                    
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 16/08/2005 03:48:41 PM                
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