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Tue 28 Sep 2004, 12:50 Dealings By Director
ABIL - 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:                     Johan de Ridder                                   
Company:                      ABIL                                              
Office held:                  Executive Director                                
Nature of transaction:        Delivery of shares in terms of  an option accepted
                              on 25 April 2001                                  
Number of options:            200 000                                           
Option strike price:          461 cps                                           
Total value of transaction:   R922 000                                          
Date of transaction:          28 September 2004                                 
Period of vesting:            The options had vested on 25 April 2004           
Delivery periods:             No earlier than the various vesting periods but no
later than 25 April 2008                          
Security class:               Ordinary shares                                   
Nature and extent of                                                            
director`s interest:          Direct Beneficial                                 
The required clearance per rule 3.66 has been obtained                          
Midrand                                                                         
28 September 2004                                                               
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited
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