AFRICAN BANK INVESTMENTS LIMITED - Dealing in securities by a director

Dealing in securities by a director

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”)


DEALING IN SECURITIES BY A DIRECTOR

Leon Kirkinis, the chief executive officer and an executive
director of ABIL, sold ABIL ordinary shares on 22 November 2013.
The net proceeds after taxation will be used toward the exercise
of all his allocated rights in the company’s rights offer.

In compliance with the JSE Limited Listings Requirements, the
following information is disclosed:

Class of securities           :   ABIL ordinary shares
Nature of transaction         :   On market sale of ordinary shares
Number of securities          :   220 317
Market price of ABIL shares   :   R12.6541 per share
Total value of transaction    :   R2 787 913.35
Nature of interest            :   Indirect beneficial
Clearance obtained            :   Yes

Commenting on his recent sales of ABIL ordinary shares, Leon
noted: “I am confident that we have taken the required action over
the past few months to position the business for improved
profitability over the medium to long term. The sale of shares
will enable me to exercise 100% of my allocated rights as a
further investment in the company.”

Midrand
25 November 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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