African Life Assurance Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1911/003818/06)
Share code: AFI ISIN: ZAE000000246
("Aflife")
Results of general meeting
Ernst & Young Sponsors (Pty) Ltd is authorised to advise shareholders that
the resolutions regarding the disposal by Aflife of the major portion of its
property business to equity estates (Pty) Ltd were passed by the requisite
majority of shareholders at the general meeting held on 8 November 2001.
In accordance with the Listings Requirements of the JSE Securities Exchange
South Africa, the disposal has been categorised as a "related party"
transaction. The interested director, Mr D L Brown and his associates, if
any, were therefore precluded from forming part of the quorum for the
general meeting and voting thereat.
Accordingly, as all the suspensive and resolutive conditions have been met,
the disposal of the property business is now unconditional.
Johannesburg
9 November 2001
Lead sponsor
Ernst & Young Sponsors (Pty) Ltd
(Registration number 2000/031483/07
Joint sponsor
Deutsche Securities
Member of the Deutsche Bank Group
Deutsche Securities (SA) (Proprietary) Limited
(Registration number 1995/011798/07)
Corporate law advisers and consultants to Aflife
Edward Nathan & Friedland (Pty) Ltd
(Registration number 1999/026464/07)
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
