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FURTHER CAUTIONARY

HOSKENS has issued a further cautionary announcement to shareholders, refer to cautionary of 21 April 1999, and are advised that the company continues to investigate various methods of distributing certain of its listed investments to its shareholders. CORPORATE ADVISER: METTLE. SPONSORING BROKERS: MERRILL LYNCH. ATTORNEYS: PRINSLOO, TINDLE & ANDROPOULOS INC.

Source: HCI