RNS Number:5111Z
NMBZ Holdings Ld
05 August 2002



                              NMBZ HOLDINGS LIMITED

                               Holding company of

                  NMB Bank Limited (Registered Commercial Bank)

               and Continental Securities Trading (Private) Limited


                            CAUTIONARY ANNOUNCEMENT


"Shareholders are advised that negotiations are continuing in respect of a
transaction which could have a significant impact on the Company's share price
and should therefore consult their professional advisors before dealing in their
shares."


By Order of the Board


M B Narotam                                      First Transfer Secretaries 
Company Secretary                                (Private Limited)
Fourth Floor, Unity Court                        13th Floor
Corner First Street/Kwame Nkrumah Avenue         Century Towers 
Harare, Zimbabwe                                 Samora Machel Avenue
                                                 Harare, Zimbabwe

                                                                5 August 2002

Enquiries:

Corinna Dorward                                         Tel: +44 20 7457 2020
College Hill
78 Cannon Street
London EC4N 6HH
United Kingdom


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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