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Fri 25 Jul 2003, 8:42 Alexander Forbes - Changes to the board of directo
AFB                                                                             
Alexander Forbes - Changes to the board of directors                            
ALEXANDER FORBES LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1958/001974/06                                             
("Alexander Forbes" or "the company")                                           
Share code: AFB      ISIN:ZAE000018230                                          
In compliance with rule 3.67 of the JSE Listing Requirements, the following     
should be noted.                                                                
The board of directors of Alexander Forbes announce that at Mr CP van Niekerks  
request, he did not stand for re-election as a director of the company at the   
annual general meeting held on 23 July 2003. Accordingly, he has left the board 
with effect from that date.                                                     
end                                                                             
Date: 25/07/2003 07:00:06 AM Produced by the JSE SENS Department
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