Heritage Collection Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1998/00269/06)
("Heritage")
ANNOUNCEMENT
1. Shareholders are advised that Heritage has entered into an agreement with
NuClicks Holdings Limited ("NCH") in terms of which the disputes between them
relating to the agreement in terms of which NCH agreed to acquire the entire
issued share capital of Heritage, and NCH's right to resile therefrom, will be
submitted to arbitration. The arbitration hearing is scheduled to be completed
by the end of May 2001.
2. Shareholders are accordingly advised to exercise caution in dealing in their
Heritage shares until such time as the award is made.
Cape Town
2 March 2001
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