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Wed 16 Apr 2003, 12:24 Changes To The Board Of
South African Eagle Insurance Company Limited - 
SOUTH AFRICAN EAGLE INSURANCE COMPANY LIMITED                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1965/006764/06)                                            
ISIN:        ZAE000006243                                                       
Share code:  SAE                                                                
In compliance with rule 3.67 of the JSE Listings Requirements, the following    
information is disclosed:                                                       
Patrick Henry Pearse O"Sullivan, chairman of the company, has resigned with     
effect from 1 April 2003. In his stead, Geoffrey Martin Riddell (British) has   
been appointed to the board as a non-executive director with effect             
from 1 March 2003. He will, inter alia assume the duty of chairman of South     
African Eagle Insurance Company Limited with effect from 1 April 2003.          


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