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Wed 1 Sep 2004, 8:39 RESIGNATION OF DIRECTOR FROM THE BOARD
AFRICAN LIFE - RESIGNATION OF DIRECTOR FROM THE BOARD                           
  AFRICAN LIFE ASSURANCE COMPANY LIMITED                                          
  (`African Life` or `the company`)                                               
  (Incorporated in the Republic of South Africa)                                  
  Registration number: 1911/003818/06                                             
  Share Code: AFI                                                                 
  ISIN Code: ZAE000000246                                                         
  RESIGNATION OF DIRECTOR FROM THE BOARD OF AFRICAN LIFE ASSURANCE COMPANY LIMITED
  In compliance with section 3.59 of the Listings Requirements of the JSE         
  Securities Exchange South Africa, notification is hereby given that Mr Andre van
  Heerden, executive director: Finance, resigned from the board of the company.   
  His resignation is effective immediately.                                       
  31 August 2004                                                                  
  Houghton                                                                        
  Sponsor                                                                         
  Merrill Lynch South Africa (Pty) Limited                                        
  Date: 01/09/2004 07:00:06 AM Produced by the JSE SENS Department
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