TREMATON - FORMATION OF INFORMATION TECHNOLOGY AND FURTHER CAUTIONARY

TREMATON CAPITAL INVESTMENTS LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 97/08691/06)
("TREMATON")

FORMATION OF INFORMATION TECHNOLOGY GROUP AND FURTHER CAUTIONARY ANNOUNCEMENT
INTRODUCTION

PURSUANT TO THE CAUTIONARY ANNOUNCEMENT ISSUED ON 17 AUGUST 1998, TREMATON IS
PLEASED TO ANNOUNCE THE FORMATION OF TREMATON TECHNOLOGIES (PTY) LTD ("TREMATON
TECHNOLOGIES"). TREMATON WILL HOLD 80% OF THIS INVESTMENT AND THE REMAINING 20%
WILL BE OWNED BY NEIL P BUTCHER (45) WHO WAS ONE OF THE CO-FOUNDERS AND FORMER
DIRECTOR OF DIMENSION DATA HOLDINGS LTD. TREMATON TECHNOLOGIES HAS BEEN
ESTABLISHED WITH INITIAL EQUITY CAPITAL OF R10 MILLION BUT THIS WILL BE
INCREASED AS AND WHEN REQUIRED TO MEET ITS OBJECTIVES.
NATURE OF BUSINESS

TREMATON TECHNOLOGIES WILL INVEST IN DEVELOPING UNLISTED INFORMATION TECHNOLOGY
COMPANIES THAT ARE FOCUSSED ON:
- INTERNET AND INTRANET SERVICES
- FINANCIAL SERVICES
- E-COMMERCE

- CONVERGENCE OF DATA, VOICE AND MEDIA TECHNOLOGIES
STRATEGY
TREMATON TECHNOLOGIES' STRATEGY WILL BE TO:

- DEVELOP ITS INVESTMENTS AND WHERE APPROPRIATE LEAD THESE TO A LISTING.
- HOLD CERTAIN INVESTMENTS ON A PERMANENT BASIS TO DEVELOP A CORE COMPETENCE
AND WHERE POSSIBLE TO EXPLOIT THE BUSINESS POTENTIAL OF INTERNET TECHNOLOGIES
THROUGH OTHER COMPANIES IN THE TREMATON GROUP.

- TO LIST TREMATON TECHNOLOGIES ONCE IT HAS REACHED SUFFICIENT CRITICAL MASS.
MANAGEMENT

NEIL BUTCHER WILL BE CHAIRMAN OF TREMATON TECHNOLOGIES AND RORY POTTAGE (48)
WHO HAS HAD 23 YEARS EXPERIENCE IN THE INFORMATION TECHNOLOGY INDUSTRY, WILL BE
CHIEF EXECUTIVE OFFICER. THE DIRECTORS OF TREMATON WILL ALSO BE ON THE BOARD OF
TREMATON TECHNOLOGIES AND WILL BE DIRECTLY INVOLVED IN THE ACQUISITION OF
INVESTMENTS, FORMULATION OF STRATEGY, ETC.
EFFECT ON EARNINGS

THE FORMATION OF TREMATON TECHNOLOGIES WILL NOT HAVE ANY IMPACT ON EARNINGS IN
THE FINANCIAL YEAR TO 31 AUGUST 1998 AND ITS IMPACT IN 1999 CAN ONLY BE
DETERMINED ONCE THE INITIAL INVESTMENTS HAVE BEEN MADE. A NUMBER OF INVESTMENTS
ARE CURRENTLY UNDER DISCUSSION AND REVIEW. IT IS EXPECTED THAT TREMATON
TECHNOLOGIES WILL MAKE A SIGNIFICANT CONTRIBUTION TO TREMATON'S RESULTS IN THE
FUTURE.
FURTHER CAUTIONARY NOTICE

SHAREHOLDERS ARE ADVISED THAT TREMATON IS IN NEGOTIATIONS ON OTHER

ACQUISITIONS, WHICH IF SUCCESSFUL, MAY HAVE A MATERIAL EFFECT ON THE SHARE
PRICE; INFORMATION ON WHICH WILL BE RELEASED SHORTLY. IT IS THEREFORE

RECOMMENDED THAT SHAREHOLDERS CONTINUE TO EXERCISE CAUTION IN DEALING WITH
THEIR SHARES.
DURBAN
31 AUGUST 1998
SPONSORING BROKER
MERRIL LYNCH
SMITH BORKUM HARE (PTY) LTD
MEMBER OF THE JOHANNESBURG STOCK EXCHANGE
REG. NO. 95/01805/07