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Wed 26 May 2004, 16:20 RESIGNATION OF A DIRECTOR
AFRICAN AND OVERSEAS ENTERPRISES LIMITED - RESIGNATION OF A DIRECTOR            
  African And Overseas Enterprises Limited                                        
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1947/027461/06)                                            
  JSE Share codes: AOO, AON and AOVP                                              
  ISIN numbers: ZAE000000485, ZAE000009718 and ZAE000000493                       
  (`AOE`)                                                                         
  RESIGNATION OF A DIRECTOR                                                       
  In accordance with Section 3.59 of the JSE Securities Exchange South Africa     
  Listings Requirements, in respect of a change to the Board of Directors,        
  notification is given that, in view of his other commitments, Mr CA Stride, has 
  resigned as a director with immediate effect.                                   
  Cape Town                                                                       
  26 May 2004                                                                     
  Sponsor                                                                         
  Nedbank Capital                                                                 
  Date: 26/05/2004 04:18:55 PM Produced by the JSE SENS Department                
                                                                                  
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