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Fri 3 Dec 2004, 13:51 Dealings By Directors
African Bank Investments Limited - Dealings By Directors                        
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 DIRECTORS                                                           
ABIL advises that, in accordance with rules 3.63 to 3.74 of the Listings        
Requirements of the JSE Securities Exchange South Africa, it has been informed  
of the following:                                                               
Director                           :  Antonio Fourie                            
Company                            :  ABIL                                      
Office held                        :  Executive Director                        
Nature of transaction              :  Delivery of shares in terms of an option  
                                      granted on 28 August 2003 and subsequent  
                                      sale of shares                            
Number of options                  :  340 000                                   
Option strike price                :  535 cps                                   
Selling price                      :  1770 cps                                  
Date of transaction                :  2 December 2004                           
Period of vesting                  :  The options had vested by 28 August 2004  
Delivery periods                   :  No earlier than the various vesting       
                                      periods                                   
                                      but no later than 28 August 2010          
Total value of Sale Transaction    :  R6 018 000                                
Security class                     :  Ordinary shares                           
Nature and extent of                                                            
director`s interest                :  Direct Beneficial                         
Clearance                          :  The required clearance per rule           
3.66 has been obtained                    
Director                           :  Johan de Ridder                           
Company                            :  ABIL                                      
Office held                        :  Executive Director                        
Nature of transaction              :  Delivery of shares in terms of an option  
                                      accepted on 30 September 2003             
Number of options                  :  200 000                                   
Option strike price                :  535 cps                                   
Total value of transaction         :  R1 070 000                                
Date of transaction                :  3 December 2004                           
Period of vesting                  :  The options had vested on 30 September    
                                      2004                                      
Delivery periods                   :  No earlier than the various vesting       
                                      periods but no later than 30 September    
                                      2010                                      
Security class                     :  Ordinary shares                           
Nature and extent of                                                            
director`s interest                :  Indirect Beneficial                       
Clearance                          :  The required clearance per rule           
                                      3.66 has been obtained                    
Midrand                                                                         
3 December 2004                                                                 
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited
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