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Mon 24 Mar 2003, 14:25 African Life - Change in Directorate
African Life Assurance Company Limited                                          
("African Life" or "the Company")                                               
(Incorporated in the Republic of South Africa)                                  
Registration number: 1911/003818/06                                             
Share Code: AFI                                                                 
ISIN Code: ZAE000000246                                                         
Change in Directorate                                                           
African Life announces the appointment of Ms Mandiza Mbekeni as a non-executive 
director to its Board of Directors. Ms Mbekeni joins the Board with effect from 
20 March 2003. Ms Mbekeni is currently General Manager: Corporate Services of   
Rand Water.                                                                     
Mr Hillie Meyer, non-executive director and Mr Frans Truter, the alternate      
director for Messrs Meyer and J D Krige, resigned from the Board of Directors of
African Life with effect from 20 March 2003. Mr Truter also resigns as a member 
of the Audit Committee of the Company.                                          
24 March 2003                                                                   
Houghton                                                                        


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