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Fri 13 Feb 2009, 16:35 FPF - Finbond - Appointment of chief operating officer and chief financial
FPF
FPF                                                                             
FPF - Finbond - Appointment of chief operating officer and chief financial      
officer                                                                         
Finbond Property Finance Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2001/015761/06)                                           
Share code: FPF ISIN: ZAE000097259                                              
("Finbond" or "the Company")                                                    
APPOINTMENT OF CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER              
Finbond is pleased to advise shareholders of the following management           
appointments:                                                                   
Mr. Aart Jurriaanse - Chief Operating Officer                                   
Aart has a BCom Honours and an MBA.  He has been in involved in retail banking  
for most of his career and also has experience in the management consulting     
industry.  Specific areas of responsibility during his career have included the 
deployment and management of distribution channels, product and strategy        
development as well as project and general management.  Before joining Finbond, 
Aart was involved in strategy development for the South African banking industry
at the Banking Council of South Africa, in respect of its interbank payment     
systems.                                                                        
Mr. Greg Labuschagne  CA - Chief Financial Officer                              
Greg is a Chartered Accountant and completed his articles at KPMG. Greg stayed  
on at KPMG in a management role for two years post articles, which included a   
year in Vancouver, Canada. His portfolio included clients in the financial      
services, real estate and steel industries. Most recently he took on the role of
Financial Manager - Operations at ABSA Bank (Credit Card Division). At ABSA he  
was exposed to all levels of financial management and strategic planning.  He   
has acquired significant IFRS experience throughout his career, coupled with    
exposure to US and Canadian GAAP.  Prior to his financial career, he worked for 
five years in a sales environment for leading multinational industrial          
consumables manufacturer and supplier Pferd.                                    
Pretoria                                                                        
13 February 2009                                                                
DESIGNATED ADVISOR:                                                             
GRINDROD BANK LIMITED                                                           
Date: 13/02/2009 16:35:02 Produced by the JSE SENS Department.                  
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