AFB
AFB
Alexander Forbes - Dealing in Securities
Alexander Forbes Limited
(Incorporated in the Republic of South Africa)
(Registration number 1958/001974/06)
ISIN: ZAE000018230 Share code: AFB
("Alexander Forbes" or "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
Limited, the following information is disclosed:
EXECUTIVE DIRECTOR OF SUBSIDIARY: M E K Nkeli
DIRECTOR OF: Alexander Forbes South Africa Holdings (Pty)
Limited, Alexander Forbes Group (Pty) Limited
and Investment Solutions Holdings Limited
TRANSACTION DATE: 28 February 2006
NO. OF OPTIONS EXERCISED: 75 000
STRIKE PRICE: 1338 cents
PRICE PER SHARE: 1570 cents
CLASS OF SECURITY: Options and Ordinary shares
EXTENT OF INTEREST: Direct beneficial interest
NATURE OF TRANSACTION: Vested share options have been exercised and
the required number of shares based on net
settlement as defined in the trust deed,
being 11 083 shares, were immediately sold on
the open market resulting in the net
settlement of R172 885.92.
OPTION GRANT DATE: 01 April 2001
VESTING PERIOD OF SHARE OPTIONS: Options vest over five years, at 25% per
annum, starting on the second anniversary of
the offer date.
CLEARANCE TO DEAL OBTAINED: Yes
Sandton
2 March 2006
Sponsor: J.P.Morgan Equities Limited
Date: 02/03/2006 05:16:27 PM Produced by the JSE SENS Department
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