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Mon 6 Sep 2004, 14:46 Dealings By Director
African Bank Investments Limited - Dealings By Director                         
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`)                                                                        
DEALINGS BY DIRECTOR                                                            
ABIL advises that, in accordance with rules 3.63 to 3.66 of the Listings        
Requirements of the JSE Securities Exchange South Africa, it has been informed  
of the following:                                                               
Director                           : Tami Sokutu                                
Company                            : ABIL                                       
Office held                        : Executive Director                         
Nature of transaction              : Delivery of shares in terms of an option   
                                     granted and subsequent sale of shares      
Number of options                  : 400 000                                    
Option strike price                : 460 cps                                    
Selling price                      : 1174,86 cps                                
Date of transaction                : 02 September 2004                          
Period of vesting                  : The options had vested by 30 August 2004   
Delivery periods                   : No earlier than the various vesting periods
but no later than 30 August 2009           
Total value of sale transaction    : R4 699 440                                 
Security class                     : Ordinary shares                            
Nature and extent of                                                            
director`s interest                : Direct Beneficial                          
Clearance                          : The required clearance per rule            
                                     3.66 has been obtained                     
Midrand                                                                         
6 September 2004                                                                
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 06/09/2004 02:37:04 PM                     
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