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Tue 22 Nov 2011, 14:00 IQG - IQuad Group Limited - Changes to the board of directors
IQG
IQG                                                                             
IQG - IQuad Group Limited - Changes to the board of directors                   
IQuad Group Limited                                                             
Incorporated in the Republic of South Africa                                    
(Registration Number 2004/025177/06)                                            
Share Code: IQG ISIN: ZAE000101622                                              
("IQuad" or "the Company")                                                      
CHANGES TO THE BOARD OF DIRECTORS                                               
In accordance with rule 3.59 of the Listings Requirements of the JSE            
Limited, shareholders are hereby advised of the following changes to the        
board of directors of IQuad, with effect from Wednesday, 16 November            
2011:                                                                           
Resignation:                                                                    
Mr. PN de Waal, Mr. M Edas and Miss S Totaram resign as non-executive           
directors.                                                                      
The board wishes to thank Mr de Waal, Mr Edas and Miss Totaram for their        
contributions during their tenure as directors of the Company and wish          
them well with their future endeavours.                                         
Appointments:                                                                   
Mr. RDEB Sassoon appointed as a non-executive director. Mr Sassoon has          
been CEO of Sasfin Holdings Limited since 1979. Mr Sassoon has many             
years of banking experience as well as factoring, leasing and export            
shipping.                                                                       
Mr. TD Soondarjee appointed as a non-executive director. Mr Soondarjee          
is financial director of Sasfin Holdings Limited. Mr Soondarjee holds a         
CA(SA) designation and a BCompt Honours degree and has over 30 years            
experience in professional services and banking industries.                     
The board welcomes the appointment of Messrs Sassoon and Soondarjee and         
looks forward to their positive contributions.                                  
22 November 2011                                                                
Designated Advisor                                                              
QuestCo Sponsors (Pty) Limited                                                  
Date: 22/11/2011 14:00:10 Produced by the JSE SENS Department.                  
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