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Free State Developmt (FSDI)

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Tuesday 15 August, 2000

Free State Developmt

Further Cautionary

Free State Dev & Invest Corp Ld
15 August 2000

Free State Development and Investment Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1944/016931/06)
('Freddev')

Further cautionary announcement

Further to the previous cautionary announcements, Freddev shareholders are
advised that proposals are still under consideration which, if successfully
implemented, may have a material effect on the price of Freddev's securities. 
Accordingly, shareholders are advised to continue to exercise caution when
dealing in Freddev's securities until a further announcement is made.

Johannesburg
15 August 2000



                                                                                
                   

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