INTERIM REPORT

FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2001
 
– INCREASE IN PRO FORMA HEADLINE EARNINGS PER SHARE +5%

– INCREASE IN NET ASSET VALUE +13.7%

– INCREASE IN NET ASSET OF R1 075 MILLION AS A RESULT OF EXCHANGE RATE ADJUSTMENTS

– R549 MILLION INVESTED DURING THE PERIOD