Sage Group -
SAGE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1970/010541/06)
Share code: SGG ISIN: ZAE000006623
("Sage Group")
Disposal of US Life Operations
The disposal by Sage Group of its US Life operations, namely Sage Life Assurance
of America Inc. to Swiss Re Life & Health America for a nominal consideration
has been concluded today, following the receipt of final regulatory approval.
The winding down of all of Sage Group"s ancillary activities in the US is close
to finality and there are no further commitments relating to the US operations.
2 October 2003
Sponsor
Grant Thornton Kessel Feinstein
Date: 02/10/2003 04:07:02 PM Supplied by www.sharenet.co.za
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