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Fri 11 Apr 2003, 17:16 CHANGE OF TRANSFER SECRETARIES
Aflife - Change of Transfer Secretaries                                         
AFRICAN LIFE ASSURANCE CO LIMITED                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1911/003818/06                                              
Share code: AFI     ISIN: ZAE000000246                                          
("Aflife" or "the company")                                                     
                                          
In terms of paragraph 11.35 of the JSE Listings Requirements shareholders are   
advised of a change in transfer secretaries from Computershare Investor Services
Ltd to Stakeholder Data Services (Pty) Ltd (Registration number 2001/002361/07).
The effective date of change referred to above is from the commencement of      
business on Monday 5 May 2003.                                                  
All correspondence should be addressed to Stakeholder Data Services at:         
Physical address: 108 Johan Avenue, Sandton                                     
Postal address: P O Box 652391, Benmore, 2010                                   
Telephone: 0800 203 966                                                         
Fax: +27 11 783 3682                                                            
Email: AfricanLife@stakeholderdata.com                                          
14 April 2003                                                                   
Houghton                                                                        
Sponsor                                                                         
Merrill Lynch
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