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Global Village Holdings Limited                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997017632/06)                                             
("Global Village")                                                              
Share Code:  GLL                                                                
ISIN Code :  ZAE000015426                                                       
CHANGE OF DIRECTORS' RESPONSIBILITY                                             
In terms of Rules 3.67 to 3.71 of the JSE Securities Exchange South Africa's    
Listings Requirements, Sasfin Bank Limited is authorised to announce that Mr    
Gary SR Israelsohn has become a non-executive director with immediate           
effect.                                                                         
Johannesburg                                                                    
12 March 2002                                                                   
Sponsor                                                                         
SASFIN BANK LIMITED                                                             
Date: 12/03/2002 11:52:02 AM Produced by the JSE SENS Department

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