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Thu 6 May 2004, 15:07 Change To The Company Secretary
South African Eagle Insurance Company Limited - Change To The Company Secretary 
  SOUTH AFRICAN EAGLE INSURANCE COMPANY LIMITED                                   
  (Incorporated in the Republic of South Africa)                                  
  (Registration number: 1965/006764/06)                                           
  ISIN: ZAE000006243                                                              
  Share code: SAE                                                                 
  ("SA Eagle")                                                                    
  In compliance with rule 3.59 of the JSE Securities Exchange South Africa ("JSE")
  Listings Requirements, the following information is disclosed:                  
  Mr James Marcus Carter has resigned as the Company Secretary and Ms Benita      
  Coetsee has been appointed as the Company Secretary of SA Eagle with immediate  
  effect.                                                                         
  Mr James Marcus Carter remains an Executive Director of the Company.            
  Johannesburg                                                                    
  6 May 2004                                                                      
  Sponsor                                                                         
  RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
  CORPORATE FINANCE                                                               
  Date: 06/05/2004 03:05:10 PM Produced by the JSE SENS Department
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