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GLOBAL VILLAGE HOLDINGS LIMITED - CHANGE IN DIRECTORATE                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/017632/06)                                            
Share Code:  GLL     ISIN:  ZAE000015426                                        
("Glovil")                                                                      
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 Israelsohn has with immediate effect resigned as a director of Glovill.    
Johannesburg                                                                    
18 July 2002                                                                    
Sponsor - Sasfin Bank Limited                                                   
(Registration number 1951/002280/06)                                            
Date: 18/07/2002 12:38:00 PM Produced by the JSE SENS Department

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