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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 :Tami Sokutu
Company :ABIL
Office held :Executive Director
Nature of transaction :Exercise of shares in terms of an option granted
on 30 September 2003
Number of options :600 000
Option strike price :535 cps
Date of transaction :18 November 2004
Period of vesting :The options had vested by 30 September 2004
Delivery periods :No earlier than the various vesting periods but
no later than 30 September 2010
Total value of Sale
Transaction :R3 210 000.00
Security class :Ordinary shares
Nature and extent of
director`s interest :Direct Beneficial
Clearance :The required clearance per rule 3.66 was obtained
Director :Tami Sokutu
Company :ABIL
Office held :Executive Director
Nature of transaction :Delivery of shares in terms of an option granted
on 30 September 2003 and subsequent sale of
shares
Number of options :600 000
Option strike price :535 cps
Average selling price :1482,80 cps
Date of transactions :18 and 19 November 2004
Period of vesting :The options had vested by 30 September 2004
Delivery periods :No earlier than the various vesting periods but
no later than 30 September 2010
Total value of Sale
Transaction :R8 896 813,07
Security class :Ordinary shares
Nature and extent of
director`s interest :Direct Beneficial
Clearance :The required clearance per rule 3.66 was obtained
Midrand
22 November 2004
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 22/11/2004 12:12:02 PM
Produced by the JSE SENS Department
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