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Mon 27 Aug 2007, 15:20 PCN - Paracon - Change to the board of directors
PCN
 PCN                                                                             
PCN - Paracon - Change to the board of directors                                
Paracon Holdings Limited                                                        
(Incorporated in the Republic of South Africa)                                  
Registration Number 1997/008181/06                                              
ISIN: ZAE000029674                                                              
Share code: PCN                                                                 
("Paracon")                                                                     
Change to the Board of Directors                                                
In compliance with section 3.59 of the Listings Requirements of JSE Limited,    
notification is hereby given that Mr Shafiq Daniels has resigned as an executive
director of Paracon with effect from 30 October 2007. Mr Daniels has decided to 
pursue his own interests in the property market.                                
We wish him success in his new venture and thank him for his valuable           
contribution.                                                                   
Johannesburg                                                                    
27 August 2007                                                                  
Date: 27/08/2007 15:20:21 Produced by the JSE SENS Department.                  
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