STANDARD BANK INVESTMENT CORPORATION LIMITED
(Registration No. 1969/017128/06)
Share Code: SBC
ISIN Code: ZAE000014858
("Stanbic")
Director Resignation
Ms BJM (Barbara) Masekela has tendered her resignation from the board of
Stanbic because of business commitments.
Ms Masekela has been a non-executive director of Stanbic since 1999. She has
indicated that she is no longer able to devote sufficient attention to her
Stanbic board obligations.
Stanbic has accepted Ms Masekela's resignation with regret and expresses its
thanks to her for her contribution to the group.
The resignation is effective from 12 March 2002.
K D Curr
Group Secretary
12 March 2002
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