Clinics/Netcare - Results of the scheme meeting

CLINIC HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/004106/06)
(Share code: CLC)
(ISIN: ZAE000001442)
("Clinics")
NETWORK HEALTHCARE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1996/008242/06)
(Share code: NTC)
(ISIN: ZAE000011953)
("Netcare")
Results of the scheme meeting

Further to the announcements dated 31 August 2001 and 14 September 2001,
Investec Bank Limited is authorised to announce that the scheme of

arrangement ("the scheme") proposed by Netcare between Clinics and its
shareholders, other than Netcare and its subsidiary companies, has been
approved by the requisite majority of scheme members at the scheme meeting
held on Monday, 8 October 2001.

Application will be made to the High Court of South Africa (Transvaal
Provincial Division) ("the Court") to sanction the scheme on Tuesday, 16
October 2001 at 10:00 am or as soon thereafter as Counsel may be heard. If
the scheme is sanctioned by the Court, the only remaining condition

precedent to which the scheme will be subject, will be the registration of
the Order of Court sanctioning the scheme by the Registrar of Companies.
A further announcement regarding the outcome of the application to the Court
and details of the surrender procedure required for existing Clinics

documents of title, will be published on or about Wednesday, 17 October
2001.
Sandton
10 October 2001
Merchant bank and adviser to Clinics
Investec Corporate Finance
Investec Bank Limited
(Registration number 1969/004763/06)
Attorneys
H R Levin
Lead sponsor to Netcare and Clinics
Merrill Lynch South Africa (Pty) Ltd

Member of the JSE Securities Exchange South Africa
Registration number 1995 1995/01805/07
Reporting accountants
Fisher Hoffman PKF
Co-sponsor to Clinics
Investec Securities Limited
Member of the Johannesburg Stock Exchange
(Registration number 1972/008905/06)