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Wed 5 Mar 2003, 15:58 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 African Life shares                  
Class of securities:           Ordinary shares                                  
Number of shares purchased:    5052                                             
Average price per share:       R13.6302                                         
Date of transaction:           28 February 2003                                 
Nature and extent of interest: Direct interest                                  
Houghton                                                                        
5 March 2003                                                                    
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 05/03/2003 03:46:00 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             


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