ABIL - Director`s Disclosure
African Bank Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1946/021193/06)
(ISIN: ZA000030060)
(Share code: ABL)
("ABIL" or "the Company")
ABIL wishes to disclose that Leon Kirkinis, CEO of ABIL has received 95
276 ABIL shares as part of the distribution of the members` portions of
a provident fund, which were effectively priced at R6.50. Kirkinis was a
member of a provident fund that invested in interest bearing assets and
ABIL shares. The members decided to wind up the fund in December 1999
and distribute the net assets to the members in proportion to their
contribution ratios after withholding the necessary taxes.
The distribution of the members` portions took place on Wednesday the
17th July 2002.
17 July, 2002
Midrand
For further information please contact:
Lydia Du Plessis
Investor Relations
Tel: (011) 256 9246
Date: 17/07/2002 04:35:00 PM Produced by the JSE SENS Department
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