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MASSMART - CAUTIONARY ANNOUNCEMENT

Release Date: 23/04/2001 16:58
Code(s): MSM
Wrap Text
MASSMART HOLDINGS LIMITED
(REGISTRATION NUMBER 1940/014066/06)
("MASSMART")
Cautionary Announcement

Shareholders are advised that Massmart has entered into negotiations with Rebhold Limited ("Rebhold") with a view to acquiring certain of Rebhold's Wholesale businesses. If successfully concluded, such a transaction may have an impact on Massmart's share price.
It is not expected that the purchase consideration will be funded by an issue of Massmart shares.
Shareholders are advised to exercise caution when dealing in Massmart's shares until a full announcement is made. Johannesburg 23 April 2001 Sponsor to Massmart UBS Warburg Securities (South Africa) (Pty) Ltd

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