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African Bank Investments Limited - 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 the Listings Requirements of the JSE
Limited, it has been informed of the following dealings by a director:
Director :Angus Herselman
Company :ABIL
Office held :Executive Director
Nature of transaction :Exercise and delivery of options already
granted and accepted on 27 March 2001 and
subsequent sale of shares
Number of options :160 000
Option strike price :338 cps
Selling price :2270 cps
Date of sale transaction :23 November 2005
Period of exercise/vesting :The options had vested by 27 March 2005 and
were exercised on 23 November 2005
Total value of Sale Transaction :R 3 632 000
Security class :Ordinary shares
Nature and extent of interest :Direct Beneficial
Clearance :The required clearance per rule 3.66 has been
obtained
Nature of transaction :Exercise and delivery of options already
granted and accepted on 21 August 2003 and
subsequent sale of shares
Number of options :180 000
Option strike price :412 cps
Selling price :2270 cps
Date of sale transaction :23 November 2005
Period of exercise/vesting :The options had vested by 21 August 2005 and
were exercised on 23 November 2005
Total value of Sale Transaction :R 4 086 000
Security class :Ordinary shares
Nature and extent of interest :Direct Beneficial
Clearance :The required clearance per rule 3.66 has
been obtained
Nature of transaction :Exercise and delivery of options already
granted and accepted on 30 September 2003
and subsequent sale of shares
Number of options :200 000
Option strike price :412 cps
Selling price :2270 cps
Date of sale transaction :23 November 2005
Period of exercise/vesting :The options had vested by 30 September 2005
and were exercised on 23 November 2005
Total value of Sale Transaction :R 4 540 000
Security class :Ordinary shares
Nature and extent of interest :Direct Beneficial
Clearance :The required clearance per rule 3.66 has
been obtained
Midrand
24 November 2005
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 25/11/2005 09:33:27 AM Produced by the JSE SENS Department
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