African Life Assurance Company Limited - Dealing In Securities By Director
African Life Assurance Company Limited
(Incorporated in the Republic of South Africa)
Registration number: 1911/003818/06
JSE Share Code: AFI
ISIN Code: ZAE000000246
(`African Life` or `the Company`)
DEALING IN SECURITIES BY DIRECTORS
In terms of paragraph 3.63 to 3.74 of the Listings Requirements of the JSE
Securities Exchange South Africa (`Listings Requirements`), the following
information is disclosed:
Director: A van Heerden
Date of transaction: Between 23-26 August 2004
Number of options exercised: 128 888
Price per share: Average price of R13.08
Strike price per share: R11.00
Total value of options exercised: R1,674,259
Class of shares: Ordinary
Nature of transaction: Exercise of options
Nature and extent of interest: Direct interest
Prior written approval for this transaction was obtained.
Houghton
9 September 2004
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 09/09/2004 12:08:02 PM
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