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Tue 28 Jul 2009, 10:00 BFS - Blue Financial Services Limited - CFO Change at Blue
BFS
BFS                                                                             
BFS - Blue Financial Services Limited - CFO Change at Blue                      
BLUE FINANCIAL SERVICES LIMITED                                                 
(Registration number 1996/006595/06)                                            
(Incorporated in the Republic of South Africa)                                  
JSE Code: BFS                                                                   
ISIN: ZAE000083655                                                              
("Blue" or "the company")                                                       
CFO Change at Blue                                                              
In compliance with section 3.59(b;c) of the Listings Requirements of the JSE    
Limited, notice is hereby given that Mr. Shaun Strydom, a current board member  
responsible for Group Risk has been appointed as Chief Financial Officer of the 
company with immediate effect.                                                  
Strydom is a registered chartered accountant with the South African Institute of
Chartered Accountants and also holds a strategic management and corporate       
governance qualification from UNISA. Until his appointment to Blue`s board in   
June this year, he was the Head of Corporate Development and Group Tax at Absa  
Group involved in various strategic initiatives across the group and throughout 
sub-Saharan Africa. Prior to Absa, Strydom was a partner at Deloitte in audit   
and corporate finance.                                                          
Blue is in the process of optimizing its board. As a result, Grant Chittenden   
stepped down as the financial director bringing a balance to the ratio of non-  
executive to executive directors.                                               
In addition to the aforementioned changes, the board is in the process of       
identifying an independent non-executive chairperson.                           
Pretoria                                                                        
28 July 2009                                                                    
Designated Adviser:  PSG Capital (Pty) Limited                                  
Date: 28/07/2009 10:00:02 Produced by the JSE SENS Department.                  
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