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Fri 21 Nov 2003, 10:56 DECLARATION OF DIVIDEND ON THE 6% CUMULATIVE PARTI
AFRICAN AND OVERSEAS ENTERPRISES LIMITED - DECLARATION OF DIVIDEND ON THE 6%    
CUMULATIVE PARTICIPATING PREFERENCE SHARES                                      
AFRICAN AND OVERSEAS ENTERPRISES LIMITED                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1947/027461/06)                                            
Share code: AOVP                                                                
ISIN numbers: ZAE000000493                                                      
("AOE" or the "the company")                                                    
DECLARATION OF DIVIDEND ON THE 6% CUMULATIVE PARTICIPATING PREFERENCE SHARES    
Notice is hereby given that the dividend on the 6% cumulative participating     
preference shares ("preference shares") for the six months ending 31 December   
2003 at the rate of 6% per annum (6 cents per preference share)(dividend No.    
128) will be paid on Monday, 29 December 2003 together with the participation of
24,5% (49 cents per preference share) (dividend No. 129) to all preference      
shareholders recorded in the register of the company at the close of business on
Wednesday, 24 December 2003.                                                    
The salient dates of the preference dividend are as follows:                    
Last day to trade             Wednesday, 17 December 2003                       
Shares trade ex-dividend      Thursday, 18 December 2003                        
Record date                   Wednesday, 24 December 2003                       
Payment date                  Monday, 29 December 2003                          
Share certificates may not be dematerialised or rematerialised between Thursday,
18 December 2003 and Wednesday, 24 December 2003, both days inclusive.          
Cape Town                                                                       
21 November 2003                                                                
Sponsor                                                                         
Nedbank Corporate                                                               
Date: 21/11/2003 10:21:05 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                
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