Netcare/ Netpartner - Proposed Simplification Of Shareholding Structure And

Netcare/ Netpartner - Proposed Simplification Of Shareholding Structure And     
Cautionary Announcement                                                         
Network Healthcare Holdings Limited    Netpartner Investments Limited           
("Netcare")                            ("Netpartner")                           
Incorporated in the                    Incorporated in the                      
Republic of South Africa               Republic of South Africa                 
Reg. number 1996/008242/06             Reg. number 2003/014215/06               
JSE Share code: NTC                                                             
ISIN Code: ZAE00011953                                                          
PROPOSED SIMPLIFICATION OF SHAREHOLDING STRUCTURE AND CAUTIONARY ANNOUNCEMENT   
Netcare owns approximately 46.3% of the issued shares in Netpartner (an         
associate of Netcare in terms of AC110).  Netpartner owns approximately 20% of  
the issued shares in Netcare (after deducting treasury shares).                 
Shareholders of both Netcare and Netpartner are advised that the boards of both 
companies have resolved to simplify the cross shareholding structure which      
exists between the companies.                                                   
A further announcement setting out the details of the restructuring will be made
in due course.                                                                  
Shareholders are advised to exercise caution in dealing in their securities     
until further notice.                                                           
24 January 2006                                                                 
Sponsor to Netcare                                                              
Merrill Lynch South Africa (Proprietary) Limited                                
Date: 24/01/2006 09:21:49 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department