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ARTICLE · 26 MAY 1998

Annualised JSE Liquidity* - 31 March 1998

JSE Securities Exchange South Africa
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South AfricaAntitrust/Competition Law
                        Month          Month       % Change     Year
                        Ended          Ended       Mar 1997-    to
                        Mar 1998       Mar 1997    Mar 1998     Date

Liquidity               25.9%          12.3%       110.6%       21.9%

                        1997           1996        1995

Liquidity               16.9%          10.9%       7.0%

* Liquidity calculated on a daily basis and not as at month end.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

For further information contact Ailsa Thorpe at the Johannesburg Stock Exchange - Tel: +27 11 377 2306, Fax: +27 11 834 7402, Website: Click Contact Link

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