NAMPAK - FINAL ANNOUNCEMENT

NAMPAK LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 68/08070/06)
("NAMPAK")

FINAL ANNOUNCEMENT IN RESPECT OF THE MERGER OF NAMPAK'S METAL PACKAGING
BUSINESSES ("THE NAMPAK BUSINESSES") WITH CROWN CORK COMPANY S.A. (PTY) LTD'S
("CCSA") METALS PACKAGING BUSINESSES, EXCLUDING THEIR FOOD CAN BUSINESS ("THE
CCSA BUSINESSES")

FURTHER TO THE CAUTIONARY ANNOUNCEMENT DATED 11 FEBRUARY 1999, AGREEMENTS
BETWEEN THE NAMPAK GROUP AND THE CROWN CORK AND SEAL COMPANY INC OF THE USA
GROUP("CROWN") HAVE BEEN SIGNED IN TERMS OF WHICH, WITH EFFECT FROM 1 APRIL
1999:

1.THE NAMPAK BUSINESSES AND THE CCSA BUSINESSES WILL BE MERGED IN CCSA IN WHICH
THE NAMPAK GROUP WILL HAVE AN 85% SHAREHOLDING AND CROWN A SHAREHOLDING OF 15%;
2.THE MANAGEMENT OF CCSA WILL BE VESTED IN NAMPAK AND CROWN WILL BE REPRESENTED
BY TWO DIRECTORS ON THE BOARD OF CCSA;

3.CROWN HAS GRANTED CCSA A LICENCE IN RESPECT OF ITS METALS TECHNOLOGIES
(EXCLUDING FOOD CAN);

4.NAMPAK HAS LEASED THE PROPERTIES OCCUPIED BY THE NAMPAK BUSINESSES TO CCSA.
SANDTON
31 MARCH 1999