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Tue 17 Jun 2003, 11:59 THE AFRIKANDER LEASE LIMITED - DEALING IN SECURITI
THE AFRIKANDER LEASE LIMITED - DEALING IN SECURITIES BY DIRECTORS               
The Afrikander Lease Limited                                                    
(Incorporated in the Republic of South Africa)                                  
AFL (JSE) AFKDY (NASDAQ)                                                        
(Registration number 1921/006955/06) Share Code: AFL                            
ISIN Code: ZAE000000253 ("Aflease" or "the company" of "AFL")                   
Disclosure of                                                                   
In compliance with rule 3.72 of the JSE Listing Requirements, the following     
information is disclosed:                                                       
Director involved in transaction:  Ferdinand Lips                               
Type of transaction:               Purchased, on the open market                
Number of ordinary shares:         100 000                                      
Purchase price (cents):            439                                          
Value (`R):                        439 000                                      
Date of transaction:               9 June 2003                                  
Extent of interest:                Direct Beneficial                            
Johannesburg                                                                    
17 June 2003                                                                    
Sponsor                                                                         
Gensec Bank Limited                                                             
Date: 17/06/2003 11:21:34 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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