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Fri 5 Sep 2003, 14:46 Appointment Of A Chief Executive
African And Overseas Enterprises Limited - Appointment Of A Chief Executive     
  Officer                                                                         
  AFRICAN AND OVERSEAS ENTERPRISES LIMITED                                        
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1947/027461/06)                                            
  Share codes: AOO, AON and AOVP                                                  
  ISIN numbers: ZAE000000485, ZAE 000009718 and ZAE000000493                      
  ("AOE")                                                                         
  APPOINTMENT OF A CHIEF EXECUTIVE OFFICER                                        
  In accordance with Section 3.59 of the JSE Securities Exchange South Africa     
  Listings Requirements, in respect of a change to the board of directors,        
  notification is given that Patricia Eve Shub has been appointed as Chief        
  Executive Officer, with effect from Friday, 5 September 2003.                   
  This appointment serves to separate the roles of Chairman and Chief Executive   
  Officer. Mr Stewart Shub remains Executive Chairman and Mr George Thomas, an    
  independent non-executive director, Deputy Chairman.                            
  Cape Town                                                                       
  5 September 2003                                                                
  Sponsor                                                                         
  Nedbank Corporate                                                               
  Date: 05/09/2003 02:19:41 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  
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