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Wed 1 Oct 2003, 12:48 Dealing In Securities By Directors
The Afrikander Lease Limited - Dealing In Securities By Directors               
THE AFRIKANDER LEASE LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
Registration number 1921/006955/06                                              
Share Code: AFL                                                                 
ISIN Code  : ZAE000000253                                                       
In compliance with sections 3.63 - 3.74 of the Listings Requirements of the JSE 
Securities Exchange South Africa, the following information is disclosed:       
Director                 :    Mr N Froneman                                     
Company                  :    The Afrikander Lease Limited                      
Date of Transaction      :    30 September 2003                                 
Price                    :    R6,15                                             
Amount of shares         :    300 453                                           
Value                    :    R1 847 785,95                                     
Class of Securities      :    Ordinary shares                                   
Nature of transaction    :    Sale of ordinary shares                           
Extent of interest       :    Direct beneficial                                 
Clearance                :    Permission to deal in these shares has been       
                              obtained.                                         
Director                 :    Mr M Steyn                                        
Company                  :    The Afrikander Lease Limited                      
Date of Transaction      :    30 September 2003                                 
Price                    :    R6,15                                             
Amount of shares         :    106 875                                           
Value                    :    R657 281,25                                       
Class of Securities      :    Ordinary shares                                   
Nature of transaction    :    Sale of ordinary shares                           
Extent of interest       :    Direct beneficial                                 
Clearance                :    Permission to deal in these shares has been       
                              obtained.                                         
Johannesburg                                                                    
1 September 2003                                                                
Sponsor                                                                         
Gensec Bank Limited                                                             
Date: 01/10/2003 12:35:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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