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Mon 21 Jun 2010, 15:53 ICC - ICCH - Resignation of Chairman and appointment of acting Chairman to the
ICC
ICC                                                                             
ICC - ICCH - Resignation of Chairman and appointment of acting Chairman to the  
Board                                                                           
INDUSTRIAL CREDIT CORPORATION AFRICA HOLDINGS LIMITED                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/010950/06)                                            
("ICCH" or "the company")                                                       
ISIN Code: ZAE000053203 & Share code: ICC                                       
RESIGNATION OF CHAIRMAN AND APPOINTMENT OF ACTING CHAIRMAN TO THE BOARD         
In compliance with paragraph 3.59 of the Listings Requirements of the JSE       
Limited, the board of directors of ICCH announces that Mr Jack Colin Human has  
resigned as Non-Executive Chairman with immediate effect.                       
The board wishes to thank Mr Human for the invaluable contribution and guidance 
he provided towards the restructuring of ICCH the past year.                    
Mr Malcolm Pryor, appointed to the board as Non-Executive Director since June   
2009, will take up the position as Acting Non-Executive Chairman.               
Malcolm Pryor has over 35 years` experience in the finance services industry. He
is an Executive Director, President and CEO of Southern African Enterprise      
Development Fund ("SAEDF"). Prior to joining SAEDF in 2006, he was the Chairman 
of Pryor, Counts & Co., a leading minority-owned investment banking and         
brokerage firm with offices in six cities.                                      
He holds an undergraduate degree in Marketing and Economics from Howard         
University, and a Masters of Business Administration from the University of     
Pennsylvania`s Wharton School.                                                  
Johannesburg                                                                    
21 June 2010                                                                    
Sponsor                                                                         
Arcay Moela Sponsors (Pty) Ltd                                                  
Date: 21/06/2010 15:53:01 Produced by the JSE SENS Department.                  
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