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Thu 1 Nov 2007, 16:10 MTZ - Matodzi - Changes to the board
MTZ
 MTZ                                                                             
MTZ - Matodzi - Changes to the board                                            
MATODZI RESOURCES LIMITED                                                       
(Registration Number 1933/004523/06)                                            
Share Code: MTZ                                                                 
ISIN: ZAE000042412                                                              
("Matodzi" or "the Matodzi Group")                                              
CHANGES TO THE BOARD                                                            
In compliance with section 3.59 (b) of the Listings Requirements of the JSE     
Limited ("JSE"), confirmation of Mr. Sello Mashao Rasethaba`s resignation       
as Chief Executive Officer, a Director, and the Public Officer of the           
Matodzi Group with effective from the close of business on 30 October 2007,     
is given.                                                                       
In addition, in compliance with section 3.59 (c) of the Listings                
Requirements of the JSE, notification is hereby given that Mr. Andile           
Reeves Nkhulu, the Chief Operating Officer of Matodzi has been appointed        
Public Officer of the Matodzi Group with effect from 31 October 2007.           
The board expresses its appreciation for the commitment and contribution        
that Mr. Rasethaba has made during his tenure.                                  
Johannesburg                                                                    
1 November 2007                                                                 
Sponsor                                                                         
Sasfin Capital                                                                  
(A division of Sasfin Bank Limited)                                             
Date: 01/11/2007 16:10:01 Produced by the JSE SENS Department.                  
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