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Tue 1 Apr 2003, 11:37 ABIL - CHANGES TO THE BOARD OF DIRECTORS
African Bank Investments Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1946/021193/06)                                            
(ISIN: ZAE000030060)                                                            
(Share code: ABL)                                                               
("ABIL")                                                                        
CHANGES TO THE BOARD OF DIRECTORS                                               
In terms of rule 3.67 of the JSE Securities Exchange SA Listings requirements   
the following is disclosed:                                                     
The Board of Directors of ABIL announced on 7 March 2003 the appointment of     
Ashley Tugendhaft, Chairman of Moss Morris, one of the leading law firms in     
Johannesburg, to the Board of Directors of ABIL.  This appointment was subject  
to the necessary regulatory approvals. ABIL wishes to announce that the         
appointment has now been approved by the regulatory authorities.                
Midrand                                                                         
1 April 2003                                                                    
Issued by:                                                                      
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  

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