Contents The stories The Top 20 Order TopCos CD Company Zones Top Companies 2002 FM Home

FRONT OF THE BOOK Foreword Definitions THE WINNERS SA's Top 20 Companies The winner - Impala Platinum How we chose the winners Management strength Corporate governance SA GIANTS Four-fold challenge Asset heavyweights Most profitable International view Table: SA Giants - sort it as you wish with the new interactive features SECTORS Stories of top companies Gold: learning to live with volatility Gold Fields Gold price Platinum: hot metal, cold shares Production costs Platinum price Other mining: leadership changes Global view Diamond demand Mining legislation Banks: investors not tempted The ex-banks Standard Bank Life assurance: hit by markets Liberty Life International operations Short-term insurance: bucked up Reinsurers Property: more than recovered Liberty International Unlisted property Construction International expansion Beverages: reaching out Retail: back on track Profurn/Relyant Pick 'n Pay Infotech: same as any business IT services Aplitec Hardware vs software Telecommunications: shrank Media: more competition ahead Ownership Advertising Transport: diversity didn't work Car rental Combined Motor Holdings Black chips: a better season Empowerment charters Harmony and ARMgold

INTERACTIVE TABLES SA GIANTS TABLE The interactive features will enable you to sort the data as you require INVESTMENTS Investing in top companies Top performers: sentimental reasons Messina & Mvelaphanda The rand Dividends Alternative investments Table: share performances in 2002 Table: Top performers (to come) JSE: wrong assumptions Delistings Table: Delistings Table: New listings Table: Rights issues Unit trusts: big changes Bonds vs equities International funds Table: unit trusts Asset managers: disillusionment Old Mutual Asset Management Public Investment Commissioner Investor's economy: crossroads Inflation The rand Economic growth Labour market SERVICES Serving top companies Attorneys: back to traditional role Table: attorneys and corporate clients Legal fees Table: Legal advisers & corporate clients Accountants: regulations call Public-sector accounting Audit fees Table: Auditors & corporate clients Sponsoring brokers: lean year Table: Sponsors and corporate clients Medical aids: value deteriorated Brokers Trends Medical costs Table: medical aids & corporate clients

	BDFM Publishers (Pty) Ltd disclaims all liability for any loss, damage, injury or expense however caused, arising from the use of, or reliance upon, in any manner, the information provided through this service and does not warrant the truth, accuracy or completeness of the information provided. The publisher's permission is required to reproduce the contents in any form including, capture into a database, website, intranet or extranet. © BDFM Publishers 2004