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NAMPAK LIMITED - CAUTIONARY ANNOUNCEMENT

Release Date: 31/07/2002 11:33
Code(s): NPK
Wrap Text

NAMPAK LIMITED - CAUTIONARY ANNOUNCEMENT (Incorporated in the Republic of South Africa) (Registration number 1968/008070/06) ("Nampak") ISIN : ZAE000004933 Share code : NPK CAUTIONARY ANNOUNCEMENT Further to the cautionary announcement dated 18 June 2002 shareholders are advised that Nampak has completed the acquisition of Crown Cork & Seal Company`s packaging interests in Anglophone Africa, but Zambia has been excluded from the transaction pending approval from the Zambian competition authorities. An amount of US$23,5 million has been paid to Crown Cork & Seal Company and an amount of US$1,5 million, reflecting consideration for Zambia and other retention money, has been held in escrow, for release to Crown Cork & Seal Company once the Zambian leg of the transaction is concluded. The cautionary announcement dated 18 June 2002 is hereby withdrawn. Sandton 31 July 2002 Sponsor to Nampak UBS Warburg Securities South Africa (Pty) Ltd A financial services group of UBS AG (Member of the JSE Securities Exchange South Africa) (Registration number 1995/011140/07) Date: 31/07/2002 11:33:18 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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