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Wed 18 Sep 2002, 12:33 Alexander Forbes Limited - Appointment to the Boar
Alexander Forbes Limited                                                        
   Alexander Forbes is pleased to announce that Mr M Cyril Ramaphosa has been   
appointed as a non-executive Director to the Board of Alexander Forbes Limited. 
He joins the Board effective 17 September 2002.                                 
   Mr Ramaphosa is a prominent businessman and a director of a number of private
and public companies.                                                           
For further information please contact:                                         
   Paul Heinamann, Chairman                                                     
   Alexander Forbes Limited                   +27 (0) 832003030                 
   Graeme Kerrigan, Group Chief Executive                                       
Alexander Forbes Limited                   +2711 2690636                     
   Debbie Kotzen, Investor Relations                                            
   Alexander Forbes                           +2711 2690024                     
Notes to Editors                                                                
About Alexander Forbes                                                       
   Alexander Forbes is a leading international group listed on the JSE          
Securities Exchanges South Africa.  It is the 8th largest independent provider  
of financial and risk services worldwide (source: Business Insurance, 22 July   
2002).                                                                          
   Financial services activities include: retirement fund administration;       
employee benefit consulting; software development; actuarial and other related  
services; personal financial planning; direct mass marketing of financial       
products; niche life and disability insurance facilities and multi-manager      
investment products.                                                            
   Risk services activities include: corporate insurance broking; reinsurance   
broking; risk management and risk finance consulting; cell captive and niche    
general insurance facilities; claims management services; specialist aviation,  
marine, professional indemnity, political and credit risk and transportation    
risk services; and insurance products and services for the individual.          
   Over 5,000 personnel, based in over 30 countries in Africa, Asia, Latin      
America and Europe, deliver services to small, medium and large organisations   
and to individual clients.  Alexander Forbes`s focus is on fast, efficient      
service by empowered people in every country where it operates.                 
The group`s website is: www.alexanderforbes.com                                 
18 September 2002                                                               
Date: 18/09/2002 08:00:19 AM Produced by the JSE SENS Department                



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