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Fri 17 Nov 2006, 8:43 ABIL - Reviewed results for the year ended 30 Sept
ABL   ABLP
 ABL                                                                             
     ABIL - Reviewed results for the year ended 30 September 2006               
     AFRICAN BANK INVESTMENTS LIMITED                                           
     (Incorporated in the Republic of South Africa)                             
(Registered bank controlling company)                                      
     (Registration number 1946/021193/06)                                       
     Ordinary share code : ABL         ISIN : ZAE000030060                      
     Preference share code : ABLP      ISIN : ZAE000065215                      
("ABIL" or "the Company")                                                  
     Reviewed results for the year ended 30 September 2006                      
     ABIL announced its reviewed annual results on 13 November 2006. It has     
     since come to our attention that the published basic earnings per share,   
headline earnings per share and fully diluted equivalents were calculated  
     incorrectly, in that, dividends declared and paid to preference            
     shareholders during the reporting period (as reflected in the statement of 
     changes in equity), should have been deducted from the reported            
attributable and headline earnings, when calculating the ratios.           
     The table below sets out the adjusted attributable earnings and headline   
     earnings to be used for the calculation of the per share ratios as well as 
     the restated headline earnings per share, attributable earnings per share  
and fully diluted earnings per share numbers.                              
                                                  Reviewed   IFRS               
                                                  12        restated            
                                                  months    12                  
ended     months              
                                                            ended               
     R million                            %       30 Sep    30 Sep              
                                         change   06        05                  
Attributable earnings               25%      1 176     943                 
     Attributable to:                             36        8                   
     Preference shareholders                                                    
     Ordinary shareholders                        1 140     935                 
Headline earnings                   20%      1 145     956                 
     Attributable to:                             36        8                   
     Preference shareholders                                                    
     Ordinary shareholders                        1 109     948                 
Previously reported                                                        
     Headline earnings per share         13%      230,5     203,2               
     (cents)                                                                    
     Fully diluted headline earnings     14%      230,3     202,4               
per share (cents)                                                          
     Attributable earnings per share     18%      236,8     200,4               
     (cents)                                                                    
     Fully diluted attributable          19%      236,5     199,6               
earnings per share (cents)                                                 
     Restated                                                                   
     Headline earnings per share         11%      223,3     201,5               
     (cents)                                                                    
Fully diluted headline earnings     11%      223,1     200,7               
     per share (cents)                                                          
     Attributable earnings per share     16%      229,5     198,7               
     (cents)                                                                    
Fully diluted attributable          16%      229,3     197,9               
     earnings per share (cents)                                                 
     The group apologises for any confusion this may have caused.               
     Midrand                                                                    
13 November 2006                                                           
     Sponsor                                                                    
     RAND MERCHANT BANK (A division of FirstRand Bank Limited)                  
Date: 17/11/2006 08:43:03 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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