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Fri 23 Jan 2009, 15:18 PLC - Placecol Holdings Limited - Changes To The Board
PLC
PLC                                                                             
PLC - Placecol Holdings Limited - Changes To The Board                          
PLACECOL HOLDINGS LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 2003/025374/06)                                            
JSE code: PLC                                                                   
ISIN: ZAE000102307                                                              
(the "company")                                                                 
CHANGES TO THE BOARD                                                            
The directors advise the following changes to the company`s board:              
-    the resignation, with effect from 21 January 2009, of Susan du Toit as an  
independent non-executive director as a result of her recent involvement in new 
business opportunities which require her full-time attention; and               
-    the appointment, with effect from 23 January 2009, of Theo Schoeman as an  
independent non-executive director.  Theo has also been appointed Chairman of   
the company`s Audit Committee.                                                  
Theo is a registered Chartered Accountant (SA) and served articles with Coopers 
& Lybrand.  He has wide business experience encompassing, inter alia, industry  
consolidation and the set-up of new businesses as well as international         
experience.  He has held the position of managing director to a number of       
companies.                                                                      
Midrand                                                                         
23 January 2009                                                                 
Designated Adviser                                                              
Vunani Corporate Finance                                                        
Date: 23/01/2009 15:18:03 Produced by the JSE SENS Department.                  
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