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Tue 3 Dec 2002, 15:43 African Life Assurance Company Limited - Dealing i
African Life Assurance Company Limited - Dealing in Securities by Directors of  
Listed Companies                                                                
African Life Assurance Company Limited                                          
(Incorporated in the Republic of South Africa)                                  
Registration number: 1911/003818/06                                             
Share Code: AFI                                                                 
ISIN Code: ZAE000000246                                                         
Dealing in Securities by Directors of Listed Companies                          
In compliance with paragraph 3.72 - 3.75 of the Listings Requirements of the JSE
Securities Exchange South Africa, the following information is disclosed:       
Director:                       J P Rowse                                       
Date of transaction:            3 December 2002                                 
Number of shares acquired:      6000                                            
Price per share:                R13.10                                          
Class of securities:            Ordinary shares                                 
Nature of transaction:          Purchase                                        
Nature and extent of interest:  Direct interest                                 
Houghton                                                                        
03 December 2002                                                                
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 03/12/2002 03:30:00 PM Produced by the JSE SENS Department                


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