SEKUNJALO TO GET CAPITAL INJECTION FROM EMPOWERMENT CONSORTIUM

SEKUNJALO INVESTMENTS LIMITED
(Reg. no. 1996/006093/06)

Cape Town, 5 February 2001 - Sekunjalo Investment Holdings (SIH), controlling
shareholder of the Sekunjalo group, is to receive a R70 million capital
injection from a broad-based empowerment consortium, subject to certain
conditions. The investment will be the first step in a proposed
recapitalisation and restructuring of the group.

The consortium, which includes Mvelaphanda Holdings, the Women's Development
Bank, the Makana Investment Trust, and the MK Veterans Investment Company, is
being led by Sekunjalo Healthcare director Dr Vincent Msibi.  The

R70 million, raised by the empowerment consortium on a non-recourse debt basis,
will be invested in cumulative convertible/redeemable debentures in SIH, which
will give the consortium effective control of the Sekunjalo group.

Msibi said today the consortium saw considerable value in Sekunjalo's existing
investments in healthcare and fishing and believed that the group also had
other interesting growth opportunities which a recapitalisation would enable it
to exploit.   He noted that Sekunjalo's exposure to LeisureNet, currently in
liquidation, had been adequately ringfenced and was a thing of the past as far
as the new investors were concerned.  He also noted that the Gauteng-based
empowerment companies saw this as an appropriate vehicle to strengthen ties
with the Cape-based Sekunjalo.

"The board of SIH will be reconstituted following the investment and will then,
in conjunction with the existing Sekunjalo board, finalise plans for the
future. A detailed announcement in this regard will be made shortly," he said.
For further information, call Dr Vincent Msibi
on 083-252-1329

Issued by du Plessis Associates on behalf of Sekunjalo Investment Holdings
(Pty) Limited.  dPA contact: Jean du Plessis - phone 011-728-4701, fax
011-728-2547, e-mail jdp@dpa.co.za.