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Mon 6 Sep 2004, 16:10 Dealing In Securities By Directors
The Afrikander Lease Limited - Dealing In Securities By Directors               
The Afrikander Lease Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1921/006955/06)                                            
AFL (JSE) AFKDY (NASDAQ)                                                        
Share Code : AFL    ISIN : ZAE000000253                                         
(`Aflease`)                                                                     
DEALING IN SECURITIES BY DIRECTORS                                              
In compliance with paragraph 3.63 - 3.74 of the JSE Securities Exchange South   
Africa Listings Requirements, the following information, relating to dealing in 
securities by directors is disclosed:                                           
Director:                     K B K Jones                                       
Company:                      Aflease                                           
Date of transaction:          3 September 2004                                  
Number of shares purchased:   10 000                                            
Price purchased at:           R1.74 per share                                   
Value of transaction:         R17 395                                           
Extent of interest:           Direct beneficial                                 
Share class:                  Ordinary shares                                   
Nature of transaction:        Purchase on the open market                       
Written permission to deal                                                      
obtained:                     Yes                                               
Director:                     KV Dicks                                          
Company:                      Aflease                                           
Date of transaction:          3 September 2004                                  
Number of shares purchased:   15 000                                            
Price purchased at:           R1.80 per share                                   
Value of transaction:         R27 000                                           
Extent of interest:           Direct beneficial                                 
Share class:                  Ordinary shares                                   
Nature of transaction:        Purchase on the open market                       
Written permission to deal                                                      
obtained:                     Yes                                               
Johannesburg                                                                    
6 September 2004                                                                
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 06/09/2004 03:57:05 PM                     
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