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Fri 7 Mar 2003, 13:58 African Bank Investments Limited - Changes To The
African Bank Investments Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1946/021193/06)                                            
(ISIN: ZA000030060)                                                             
(Share code: ABL)                                                               
("ABIL" or "the Company")                                                       
CHANGES TO THE BOARD OF DIRECTORS                                               
The Board of Directors of ABIL wishes to announce the resignation of Nic Adams  
with effect from 7 March 2003. Nic will be taking an extended sabbatical with   
his family and will therefore be unable to properly fulfill his duties as a     
director of ABIL.  The Chairman and Board are highly appreciative of the valued 
contribution Nic Adams has made to ABIL since 14 February 2000.                 
The Board further wishes to announce the appointment of Ashley Tugendhaft,      
Chairman of Moss Morris, one of the new leading law firms in Johannesburg, to   
the Board of Directors of ABIL.  This appointment is subject to the necessary   
regulatory approvals.                                                           
Midrand                                                                         
7 March 2003                                                                    
Issued by:                                                                      
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 07/03/2003 01:37:21 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             


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