Nampak Progesses Its African Strategy

NAMPAK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/008070/06)
("Nampak")
ISIN : ZAE 000004933
Share code : NPK
NAMPAK PROGESSES ITS AFRICAN STRATEGY

Nampak, Africa's premier packaging company has reached agreement with Crown
Cork & Seal of the United States in respect of two transactions that

furthers Nampak's growth on the African continent.

Nampak will acquire the remaining 15% of Crown Nampak for a consideration of
R275 million restoring Nampak's 100% ownership of its South African metals
packaging businesses. The strong relationship that has been established with
Crown Cork will be maintained through a technology agreement for these
businesses.

Furthermore, following discussions over some years, agreement has also been
reached in principle with Crown Cork to acquire their packaging interests in
Zimbabwe, Zambia, Kenya, Tanzania, Nigeria and Ethiopia.

Subject to a satisfactory due diligence and South African Reserve Bank
approval, Nampak will pay Crown Cork US$25 million in cash for these

operations and it is expected that the transaction will be finalised by the
end of April.

Nampak has long had a stated strategy of expanding its packaging interests
on the African continent and despite the sometimes challenging conditions
has been pleased with the earnings that have been generated by its current
investments.

The Crown Cork African operations are well established having been part of
CarnaudMetalbox and Crown Cork for many decades and will provide Nampak with
a platform from which to launch further growth initiatives.

Both deals are earnings enhancing in the current financial year and are
consistent with Nampak's strategy of growing its earnings on the African
continent whilst continuing to explore opportunities in international
packaging markets.
For further information:
Trevor Evans -  011 719 6363
John Bortolan - 011 719 6388
Alastair Lang -  011 719 6380
Issued by Nampak Management Services
8 February 2002