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Thu 26 Jun 2003, 15:47 ANNOUNCEMENT
THE AFRIKANDER LEASE LIMITED -              
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" or "AFL")                   
Following the recent trading statement issued on 4 June 2003, Aflease announces 
today that it has successfully secured a bridging finance facility of R75       
million from Nedbank, for its new Carbon in Leach plant.  The facility has a    
three-year term and is flexible as to refinancing.                              
26 June 2003                                                                    
Date: 26/06/2003 03:19:04 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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