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Changes to the Board of Directors

Robert is a Chartered Accountant. He held various positions within the ABSA Group during a period of 21 years ending in 2008, the last of which were as Head of ABSA Corporate and Business Bank and Head of ABSA Africa. Robert was also a member of the ABSA Executive Committee from 2005 to 2008. He currently holds non-executive directorships of a number of companies, including the listed company Blue Financial Services Limited.

The board welcomes Robert and looks forward to his contribution to the Company.

Pretoria18 January 2011Designated AdviserMerchantec CapitalDate: 18/01/2011 16:56:01 Produced by the JSE SENS Department.The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature,howsoever arising, from the use of SENS or the use of, or reliance on,information disseminated through SENS.