S&P Emerging Markets Database Index Announcement: South Africa- Alexander Forbes Share Increase And IWF Change (Eff. 10/07/2004)

S&P EMDB will increase the number of shares for Alexander Forbes Ltd (S&P/EMDB Code 696132.1/ Sedol 6348180), an S&P/IFCG and S&P/IFCI Index constituent, by 114.8000 million shares. The share change will become effective on October 7, 2004. Venfin (S&P/EMDB Code 696530.1/SEDOL 6731928) an S&P/IFCG and S&P/IFCI Index constituent has bought 114.8000 new shares of Alexander Forbes for 10.1 ZAR a share. On the same date, the IWF for Alexander Forbes will be adjusted to .4831. The cumulative effect of these two changes will cause no significant change in the S&P/IFCI market weight of Alexander Forbes Ltd.