MIK Meikles Limited

RNS No 9335c
MEIKLES AFRICA LIMITED
5th March 1998


                  MEIKLES AFRICA LIMITED
                            
                BEVERLEY BUILDING SOCIETY
                            
Meikles  Africa Limited confirms that discussions between
the  present  owners of Beverley Building Society  and  a
local  consortium  are  still  in  progress.   The  local
consortium,  which  includes Meikles  Africa  Limited,  a
group of indigenous businessmen and Real Africa Durolink,
is in close contact with the Government over the proposed
transaction.  A further statement will be issued  in  due
course.

                                             5 March 1998


Enquiries:

In Harare:

Meikles Africa                     Tel: + 263 4 730611
John Moxon, Chairman


In London:

College Hill                       Tel: + 44 171 457 2020
Mark Garraway
Nicholas Williams


END

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