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Fri 24 Jan 2003, 15:26 Matodzi Resources Limited - Directorate Changes On
Matodzi Resources Limited - Directorate Changes On The Board                    
MATODZI RESOURCES LIMITED                                                       
(Formerly New Mining Corporation Limited)                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1933/004523/06)                                            
 ("Matodzi")                                                                    
DIRECTORATE CHANGES ON THE BOARD OF MATODZI RESOURCES LIMITED                   
Mr. Mafika Edmund Mkwanazi has been appointed a Non-Executive Director on the   
board of Matodzi Resources Limited, with effect from 22 January 2003. Mr.       
Mkwanazi is Chief Executive Officer of Transnet, and is also a director on the  
boards of SAA, Nedcor Ltd, Nedcor Bank, the IDC, Freight Logistics International
Inc., Letseng SA and Letseng Diamonds (Lesotho).                                
The board of Matodzi Resources Limited is now as follows:                       
Andrew Mlangeni                 -  Non-Executive Chairman                       
Hendrik Christoffel Buitendag   -  Executive Director                           
Roger Brett Kebble              -  Non-Executive Director                       
Mafika Edmund Mkwanazi          - Non-Executive Director                        
Sello Mashao Rasethaba          -  Executive Director                           
Date: 24/01/2003 02:20:34 PM Produced by the JSE SENS Department                


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