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Mon 7 Jul 2003, 10:02 The Afrikander Lease Limited Expands Executive Tea
The Afrikander Lease Limited Expands Executive Team                             
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")                                             
Aflease Expands Executive Team                                                  
Aflease today announced the appointment of Jean Nel to the position of Corporate
Development Executive, effective from 1 July 2003.                              
Jean Nel, a qualified CA (SA) and CFA, joins Aflease with five years of         
corporate finance experience, gained mostly in the South African mining sector  
during his employment at Investec - Corporate Finance.                          
Commenting on the appointment, CEO Neal Froneman said:  "We are very pleased to 
have Jean as part of the team.  He was one of the original consortium members in
the New Kleinfontein transaction and as such is an Aflease shareholder.  Jean"s 
experience puts him in a strong position to add value to the group as we focus  
on the next stage of growth."                                                   
7 July 2003                                                                     
Issued by Brunswick                                                             
Rob Pinker                    083 326 7794/(011) 268 5750                       
Di Munro                      083 326 5959/(011) 268 5750                       
Gareth Sharp                  083 2873180/(011) 268 5750                        
On behalf of Aflease                                                            
Neal Froneman                 083 628 0226                                      
Date: 07/07/2003 09:27:42 AM Supplied by www.sharenet.co.za                     
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