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Elexir - Withdrawal Of Cautionary Announcement                                  
ELEXIR TECHNOLOGY HOLDINGS LIMITED                                              
Registration Number 1998/004365/06                                              
("Elexir")                                                                      
Share Code:    ELX                                                              
ISIN Number:   ZAE000016663                                                     
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
Further to the cautionary announcement published on 8 October 2002 shareholders 
are advised that Elexir is no longer involved in negotiations which could have  
an effect on the price at which Elexir`s shares trade on the JSE Securities     
Exchange South Africa.  Shareholders are accordingly advised that caution is no 
longer necessary when dealing in Elexir`s shares.                               
Johannesburg                                                                    
18 November 2002                                                                
Sponsor                                                                         
PSG Capital                                                                     
Date: 18/11/2002 05:05:00 PM Produced by the JSE SENS Department                

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