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ALEX WHITE HOLDINGS LIMITED                                                     
(Registration number 1949/035016/06)                                            
(Incorporated in the Republic of South Africa)                                  
SHARE CODE:     AFB      ISIN: ZAE000018230                                     
("Alex White" or "the company")                                                 
APPOINTMENT OF DIRECTOR                                                         
In terms of Rules 3.67 to 3.71 of the JSE Securities Exchange South Africa`s    
Listings Requirements, Sasfin Bank Limited is authorised to announce as recently
appointed Sponsor to the company, that Mr M R Thompson has been appointed to the
Alex White board of directors with immediate effect.                            
25 February 2003                                                                
Sponsor                                                                         
Sasfin Bank Limited                                                             
Date: 25/02/2003 08:10:03 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             

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