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Wed 15 Feb 2006, 16:00 South African Eagle Insurance Company Limited - Vo
SAE
 SAE                                                                             
South African Eagle Insurance Company Limited - Voluntary Trading Statement     
SOUTH AFRICAN EAGLE INSURANCE COMPANY LIMITED                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1965/006764/06)                                            
Share code: SAE ISIN: ZAE000006243                                              
("SA Eagle" and "the Company")                                                  
VOLUNTARY TRADING STATEMENT                                                     
SA Eagle is currently finalising its results for the year ended 31 December     
2005, which should be released on SENS on 23 February 2006. In this regard,     
shareholders are advised that earnings per share are likely to be fifteen to    
twenty percent (15% - 20%) higher, and headline earnings per share (which       
exclude realised gains on equities) are likely to be five to fifteen percent (5%
- 15%) lower than the corresponding reporting period of the previous year.      
The forecast financial information on which this trading statement is based has 
not been reviewed and reported on by the Company"s auditors.                    
Bryanston                                                                       
15 February 2006                                                                
Merchant bank and sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 15/02/2006 04:00:13 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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