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Fri 10 Dec 2004, 11:55 ABIL - 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                           :Dawn Marole                                 
Company                            :ABIL                                        
Office held                        :Executive Director                          
Nature of transaction              :Exercise of options in terms of an option   
                                    granted on 8 December 2003                  
Number of options                  :340 000                                     
Option strike price                :626 cps                                     
Date of transaction                :8 December 2004                             
Period of vesting                  :The options had vested by 8 December 2004   
Delivery periods                   :No earlier than the various vesting periods 
                                    but no later than 8 December 2010           
Total value of Transaction         :R2 128 400.00                               
Security class                     :Ordinary shares                             
Nature and extent of                                                            
director`s interest                :Direct Beneficial                           
Clearance                          :The required clearance per rule 3.66 was    
                                    obtained                                    
Director                           :Dawn Marole                                 
Company                            :ABIL                                        
Office held                        :Executive Director                          
Nature of transaction              :Delivery of shares in terms of an option    
                                    granted on 8 December 2003 and subsequent   
                                    sale of shares                              
Number of options                  :340 000                                     
Option strike price                :626 cps                                     
Average selling price              :1634 cps                                    
Date of transactions               :8th and 9th December 2004                   
Period of vesting                  :The options had vested by 8 December 2004   
Delivery periods                   :No earlier than the various vesting periods 
                                    but no later than 8 December 2010           
Total value of Sale Transaction    :R5 555 326.40                               
Security class                     :Ordinary shares                             
Nature and extent of                                                            
director`s interest                :Direct Beneficial                           
Clearance                          :The required clearance per rule 3.66 was    
obtained                                    
Midrand                                                                         
10 December 2004                                                                
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited
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