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Mon 16 Sep 2002, 18:14 Mgx - Resignation Of An Executive Director
MGX - Resignation Of An Executive Director                                      
MGX Holdings Limited                                                            
("MGX")                                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1983/012697/06)                                            
Share code:      MGX                                                            
ISIN:            ZAE000009262                                                   
RESIGNATION OF AN EXECUTIVE DIRECTOR                                            
The Board of MGX is authorised to announce that Rory Shirley has                
resigned as the Group Financial Director. He will remain with MGX until         
the end of November 2002 to ensure a smooth handover. Rory has decided          
to pursue opportunities outside of the Group. The Board expresses its           
appreciation for the valued contribution made by Rory.                          
Date: 16/09/2002 04:54:17 PM Produced by the JSE SENS Department
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