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Wed 14 Jan 2004, 14:43 ABIL Appoints Dawn Marole Managing Executive:
African Bank Investments Limited - ABIL Appoints Dawn Marole Managing Executive:
  Africa                                                                          
  AFRICAN BANK INVESTMENTS LIMITED                                                
  (Incorporated in the Republic of South Africa)                                  
  (Registered bank controlling company)                                           
  (Registration number 1946/021193/06)                                            
  (Share code:  ABL)                                                              
  (ISIN:  ZAE000030060)                                                           
  ("ABIL" or "the company")                                                       
  ABIL APPOINTS DAWN MAROLE MANAGING EXECUTIVE: AFRICA                            
  Marion Lesego Dawn Marole has been appointed as Managing Executive: Africa by   
  ABIL, with effect from 01 December 2003.                                        
  Marole will report directly to Chief Executive Officer, Leon Kirkinis, and will 
  be responsible for conceptualising, developing and implementing a strategy to   
  take the bank into Africa. In this role she will identify key stakeholders,     
  investment opportunities in Africa and establish potential strategic            
  partnerships in continental Africa.                                             
  Previously the Deputy Chief Executive Officer of Fabcost Investment Holdings    
  Company Limited, Marole is a B. Comm graduate from the University of Zululand   
  with a tertiary education diploma from UNISA. She also holds an MBA in Marketing
  Management and Strategic Management from North Eastern University, Boston (USA).
  Marole is Chairman of Kumba Resources Limited. In addition to this, she finds   
  time for her roles as Chairperson of POWA (People Opposing Women Abuse) and     
  Former President and Founder of BWA (Business Women"s Association).             
  Kirkinis said: "We are delighted to have someone of Dawn"s calibre and          
  experience joint the Abil management team and are confident that her years of   
  experience will be a major asset to the bank."                                  
  14 January 2004                                                                 
  Sponsor                                                                         
  Deutsche Securities (SA) (Proprietary) Limited                                  
  Date: 14/01/2004 02:22:02 PM Produced by the JSE SENS Department
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