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Wed 28 May 2003, 17:24 Kersaf - Changes to the board
KERSAF INVESTMENTS LIMITED                                                      
   (Incorporated in the Republic of South Africa)                               
(Registration number 1967/007528/06)                                         
    SHARE CODE: KER     ISN CODE: ZAE000003844                                  
   ("KERSAF")                                                                   
The directors of Kersaf wish to announce that with effect from 1 July 2003 Peter
Bacon, presently managing director of Sun International (South Africa) Limited, 
will in addition assume the position of Chief Executive of Kersaf.              
David Coutts-Trotter will on the same date be appointed Deputy Chief Executive  
of Kersaf primarily responsible for Gaming and Gaming Development.              
Buddy Hawton presently Executive Chairman will relinquish his executive role on 
30 June 2003 but will remain Chairman of Kersaf.                                
28 May 2003                                                                     
Date: 28/05/2003 05:02:50 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                

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