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Fri 19 Dec 2003, 17:35 Trading Statement And Cautionary Announcement
The Afrikander Lease Limited - Trading Statement And Cautionary Announcement    
The Afrikander Lease Limited                                                    
(Incorporated in the Republic of South Africa)                                  
AFL (JSE) AFKDY (NASDAQ)                                                        
(Registration number 1921/006955/06)                                            
("Aflease")                                                                     
(ISIN Number : ZAE000000253                                                     
Share Code : AFL)                                                               
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT                                   
Shareholders are advised that financial results for the year ending 31 December 
2003 will be substantially lower (as defined in the Listings Requirements of the
JSE Securities Exchange South Africa) than for the previous year.               
The financial results have not been reviewed or reported on by Aflease"s        
auditors. Shareholders are accordingly advised to exercise caution when dealing 
in their securities until the 2003 financial results are released or until a    
further announcement is made.                                                   
Johannesburg                                                                    
18 December 2003                                                                
Investment Bank and Sponsor                                                     
Nedbank Corporate                                                               
Date: 19/12/2003 05:30:26 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                

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