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Thu 12 Dec 2002, 10:47 AMB Private Equity Partners Limited - Resignation
AMB Private Equity Partners Limited - Resignation of Director                   
AMB PRIVATE EQUITY PARTNERS LIMITED                                             
(Registration number 1998/015329/06)                                            
(Incorporated in the Republic of South Africa)                                  
Share code: APP                                                                 
ISIN: ZAE000026936                                                              
("AMB Partners")                                                                
RESIGNATION OF DIRECTOR                                                         
In terms of section 3.67 of the Listings Requirements of the JSE Securities     
Exchange South Africa, African Merchant Bank Limited is authorised to announce  
that Mr Avril Stassen has resigned as an executive director from the board of   
AMB Partners with effect from 9 December 2002.                                  
12 December 2002                                                                
Sponsor                                                                         
AFRICAN MERCHANT BANK LIMITED                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/015470/06)                                            
Date: 12/12/2002 10:40:21 AM Produced by the JSE SENS Department                


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