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Spectrum Shipping Limited - Appointment of Director                             
ISIN:      ZAE000037446                                                         
Share code:SUM                                                                  
In terms of rule 3.67 of the JSE Securities Exchange SA Listings Requirements   
the following is disclosed:                                                     
The board of directors of Spectrum Shipping Limited wishes to announce that     
Stanley Donner has been appointed as a director of the company with effect from 
1 December 2002.                                                                
Date: 18/12/2002 09:18:00 AM Produced by the JSE SENS Department

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