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Wed 10 Aug 2005, 17:32 RESULTS OF ANNUAL GENERAL MEETING
African Life Assurance Company Limited - Results Of Annual General Meeting      
African Life Assurance Company Limited                                          
(Incorporated in the Republic of South Africa)                                  
Registration number: 1911/003818/06                                             
Share Code: AFI     ISIN Code: ZAE000000246                                     
(`African Life`)                                                                
RESULTS OF ANNUAL GENERAL MEETING                                               
Shareholders of African Life are advised that at the Annual General Meeting held
in Houghton on 4 August 2005, the requisite majority of shareholders passed     
ordinary resolutions 1 to 4 and the special resolution. Ordinary resolution     
number 5 relating to the general authority to issue shares for cash was not     
passed by the requisite majority.                                               
Houghton                                                                        
10 August 2005                                                                  
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 10/08/2005 05:30:02 PM             
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