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Fri 25 Jun 2010, 14:30 EXL - Excellerate - Board announcement: Loss of Executive Director
EXL
EXL                                                                             
EXL - Excellerate - Board announcement: Loss of Executive Director              
Excellerate Holdings Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/009884/06)                                            
JSE code: EXL                                                                   
ISIN: ZAE000026092                                                              
("Excellerate" or "the company")                                                
Board Announcement: Loss of Executive Director                                  
It is with great sadness that the board of directors of Excellerate ("the       
Board") advises of the death of Mr Harold Benjamin Bloch.  Mr. Bloch passed     
away on Tuesday, 22 June 2010 after a suffering from an untimely and            
devastating illness.                                                            
Mr Bloch was appointed to the Board as an executive director of the company     
on 18 September 1998, after the successful sale of his business, Goldenmarc     
(Proprietary) Limited ("Goldenmarc") to Excellerate. Mr. Bloch also served as   
the Managing Director of Goldenmarc and as a director of Excelltrade            
(Proprietary) Limited.                                                          
Mr. Bloch served both the group and company with loyalty and passion,           
providing sound leadership and guidance to those around him within the          
Goldenmarc Group of Companies, as well as to the Board. His sound values,       
principles and deep religious convictions with which he served has been an      
inspiration to all within the Group, and he will be sorely missed.              
The Board wishes to express its appreciation for Harold`s commitment and        
invaluable contributions to the Group over the years, and to extend its         
deepest condolences to the Bloch Family and friends and wishes them strength    
during this difficult time.                                                     
Sandton                                                                         
25 June 2010                                                                    
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Proprietary) Limited                   
Date: 25/06/2010 14:30:01 Produced by the JSE SENS Department.                  
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