ABIL -
AFRICAN BANK INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
(Share code: ABL)(ISIN code: ZAE000030060)
("ABIL" or "the company")
Upgraded credit rating
The directors of ABIL are pleased to announce that CA-Ratings have completed a
credit rating review of African Bank Limited ("African Bank"), a wholly owned
subsidiary of ABIL, and have upgraded its domestic long-term rating for African
Bank to zaA-(indicating a "strong" ability to meet long-term obligations) and
its short-term rating to zaA1(indicating a "very strong" ability to meet short-
term obligations).
African Bank"s previous ratings were zaBBB+ (long-term) and zaA2 (short-term).
A copy of CA-Ratings" executive summary is available on the ABIL website at
www.africanbank.co.za
Sandton
30 July 2003
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 30/07/2003 04:31:19 PM Supplied by www.sharenet.co.za
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