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Tue 27 Oct 2009, 7:05 IQG - IQuad - Change of CEO and Chairman
IQG
IQG                                                                             
IQG - IQuad - Change of CEO and Chairman                                        
IQuad Group Limited                                                             
Incorporated in the Republic of South Africa                                    
Registration Number 2004/025177/06                                              
Share Code: IQG ISIN: ZAE000101622                                              
("IQuad" or "the Group")                                                        
CHANGE OF CEO AND CHAIRMAN                                                      
Shareholders are hereby advised that the board is pleased to announce, in line  
with IQuad`s succession planning and growth strategy, the following changes to  
the board.                                                                      
David Edwards will succeed Trevor Hayter as CEO of IQuad effective 1 March      
2010.                                                                           
David joined the Group in 2002 as executive director of Iquad Investment        
Incentives (Pty) Ltd and has served on IQuad`s board since inception. He will   
re-locate to Johannesburg in 2010 to strengthen Iquad`s existing presence in    
this market.                                                                    
Trevor Hayter will, effective 1 March 2010, replace Alfred da Costa as          
Chairman of Iquad.                                                              
Alfred da Costa, will continue his involvement with the Group as a non-         
executive director.                                                             
The board wishes to congratulate David on his appointment, and would like to    
thank both Trevor and Alfred for their contributions to date, and for their     
continued support and guidance in their new roles.                              
27 October 2009                                                                 
Designated Adviser:                                                             
PSG Capital (Pty) Limited                                                       
Date: 27/10/2009 07:05:01 Produced by the JSE SENS Department.                  
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