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Fri 24 Jun 2005, 16:45 Alexander Forbes Limited - Dealing In Securities B
Alexander Forbes Limited - Dealing In Securities By A Director Of A Major       
                           Subsidiary                                           
Alexander Forbes Limited                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1958/001974/06)                                            
Sharecode: AFB                                                                  
ISIN code: ZAE000018230                                                         
(`the company`)                                                                 
DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY                       
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Securities Exchange South Africa, the following information is disclosed:       
EXECUTIVE DIRECTOR OF SUBSIDIARY:  A J Ossip                                    
DIRECTOR OF:                       Alexander Forbes South Africa Holdings (Pty) 
                                   Ltd                                          
TRANSACTION DATE:                  24 June 2005                                 
NO. OF SHARES TRADED:              15 000                                       
PRICE PER SHARE:                   1280 cents                                   
TOTAL VALUE:                       R192 000                                     
CLASS OF SECURITY:                 Ordinary shares                              
EXTENT OF INTEREST:                Direct beneficial                            
NATURE OF TRANSACTION:             Purchase of shares on the open market        
CLEARANCE TO DEAL OBTAINED:        Yes                                          
Sandton                                                                         
24 June 2005                                                                    
Sponsor:                                                                        
JP Morgan Equities Limited                                                      
Date: 24/06/2005 04:41:14 PM                
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