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THE AFRIKANDER LEASE LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 01/006955/06)                                              
Share code:  AFL ISIN Code:  ZAE 000000253                                      
("Aflease" or "the Company")                                                    
CHANGES TO THE BOARD OF DIRECTORS                                               
The following changes to the Aflease Board, effective from 16 May 2002 are      
announced:                                                                      
Jean Nortier has been appointed as non-executive director; and                  
Dean Cunningham has resigned as a non-executive director to the Aflease         
Board.                                                                          
Johannesburg                                                                    
17 May 2002                                                                     
Date: 17/05/2002 03:19:00 PM Produced by the SENS Department                    

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