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Tue 4 Mar 2003, 12:46 Aflife - Dealing in securities by directors of lis
African Life Assurance Co Limited                                               
("Aflife")                                                                      
(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:                        W A Jack                                       
Nature of transaction:           Purchase of shares                             
Class of securities:             Ordinary shares                                
Number of shares purchased:      8000                                           
Price per share:                 R13.50                                         
Date of transaction:             25 February 2003                               
Nature and extent of interest:   Direct interest                                
Houghton                                                                        
4 March 2003                                                                    
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 04/03/2003 12:36:00 PM Supplied by www.sharenet.co.za                     
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