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Thu 10 Mar 2011, 14:53 PPR - Putprop Limited - Change to the board of directors
PPR
PPR                                                                             
PPR - Putprop Limited - Change to the board of directors                        
PUTPROP LIMITED                                                                 
Incorporated in the Republic of South Africa                                    
(Registration number 1988/001085/06)                                            
Share code: PPR     ISIN: ZAE000072310                                          
("Putprop" or "the company")                                                    
CHANGE TO THE BOARD OF DIRECTORS                                                
In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited,  
notification is hereby given of the following changes to Putprop`s board of     
directors ("the Board"):                                                        
Mr Albino Carleo, after 23 years of service, has resigned as an executive       
director and as Chief Executive Officer, with effect from 31 March 2011,        
following his decision to retire.                                               
The Board wishes to thank Albino and express their gratitude for his many years 
of dedicated service to the company and wishes him well for his retirement;     
Mr Bruno Carleo, currently an executive director, has been appointed as the new 
Chief Executive Officer, with effect from 1 April 2011.                         
Bruno has been a member of the Board for many years, and the Board wishes him   
well in his new position.                                                       
Johannesburg                                                                    
10 March 2011                                                                   
Sponsor                                                                         
Merchantec Capital                                                              
Date: 10/03/2011 14:53:01 Produced by the JSE SENS Department.                  
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