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Thu 14 Mar 2002, 0:00 Sage Group Limited - Board Appointments
Share Code   :   SGG                                                            
ISIN Code    :   ZAE000006623                                                   
News Release      14 March 2002                                                 
SAGE - BOARD APPOINTMENTS                                                       
Wayne McCurrie has been appointed to the boards of Sage Life Limited and        
Sage Unit Trusts Limited.                                                       
This follows an announcement last week that Wayne, a leading authority and      
personality in the South African investment industry, would be joining Sage     
as Chief Investment Officer. He assumes overall executive responsibility for    
Sage's investment activities, including the selection and monitoring of         
asset managers, management of the asset allocation process, economic and        
financial market analysis and the provision of support and expertise in the     
marketing of Sage's investment capability and of its unit trusts. He is also    
responsible for the investment administration team. Wayne will report to        
Janssen Davies, Sage Chief Executive (South Africa).                            
PREPARED ON BEHALF OF SAGE BY CATHY FINDLEY PUBLIC RELATIONS ON (011) 463-      
6372 OR                                                                         
EMAIL cathy@findleypr.co.za
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