All trading settlements at the JSE are operated through the JSE clearing house in terms of a fixed settlement period (generally on the following Tuesday or thereafter). Rolling settlement, ultimately three days after trade i.e. T+3 is expected to be introduced during 1997.

FURTHER INFORMATION CAN BE OBTAINED FROM

Internet : http://www.jse.co.za

Johannesburg Stock Exchange * Public Relations Department
17 Diagonal Street * Johannesburg 2001 * Telephone 27 11 377 2200
P O Box 1174 * Johannesburg 2000 * Telefax 27 11 834 7402