Dawn - Results Of The General Meeting

Dawn - Results Of The General Meeting                                           
Distribution and Warehousing Network Limited                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1984/008265/06)                                            
Share code: DAW   ISIN code: ZAE 000018834                                      
("DAWN")                                                                        
RESULTS OF THE GENERAL MEETING                                                  
Bishop Corporate Finance (Proprietary) Limited is authorised to announce        
that at the general meeting held on Wednesday, 24 July 2002, the special        
and ordinary resolutions relating to the repurchase of 98 193 669               
ordinary shares in DAWN`s issued share capital, the conversion of 25 856        
397 authorised but unissued DAWN ordinary shares of 1 cent each into 8%         
dividend bearing, cumulative and redeemable preference shares in DAWN of        
1 cent each ("preference shares"), an issue of 25 856 397 preference            
shares and an amendment to the memorandum and articles of association of        
DAWN in order to make provision for the preference shares, were passed          
by the requisite majority DAWN shareholders.                                    
The special resolutions have been lodged with the Registrar of Companies        
for registration.                                                               
Johannesburg                                                                    
24 July 2002                                                                    
Corporate adviser          Sponsor             Attorneys                        
Bishop Corporate Finance   Deloitte & Touche   Hofmeyr Herbstein Gihwala        
Sponsor Services                                     

Reporting accountants          Independent adviser                              
PricewaterhouseCoopers Inc     PricewaterhouseCoopers Corporate Finance         
Date: 24/07/2002 02:55:23 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department