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Thu 10 Feb 2005, 14:04 DEALING IN SECURITIES BY DIRECTOR
AFRICAN LIFE - 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`)                                               
Director                       Mr WA Jack (independent non exutive)             
Date of transaction            02 February 2005                                 
Nature of transaction          Sale                                             
Number of shares               83 906                                           
Price per share                1950.60 cents per share                          
Class of security              Ordinary                                         
Directors interest             Indirect non-beneficial                          
Permission obtained            Yes                                              
10 February 2005                                                                
Date: 10/02/2005 01:55:41 PM
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