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Article

8 Aug 2002

Author:
Business Day [South Africa]

Asbestos victims' wait drags on [South Africa]

UK company Cape plc is expected to make payment of its first £11m to the 7500 SA victims of asbestos-related disease on August 20, according to lawyers for the victims. Late last week, however, Cape plc was unable to give a date for payment of the first instalment. The company was originally due to make the payment at the end of June, but this was delayed due to a major financial restructuring exercise.

Timeline