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Thu 29 May 2003, 18:24 Barnard Jacobs Mellet Holdings Limited - Changes T
BARNARD JACOBS MELLET HOLDINGS LIMITED - CHANGES TO THE BOARD                   
BARNARD JACOBS MELLET HOLDINGS LIMITED                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1995/004798/06)                                            
Share code : BJM                                                                
ISIN : ZAE000014262                                                             
("the Group")                                                                   
CHANGES TO THE BOARD                                                            
With effect from 30 May 2003:                                                   
Paul Barnard will relinquish his role as CEO of the Group.  He will, however,   
remain on the Executive Committee and on the Board.  Paul was a founding member 
of the Group in 1985.                                                           
Kevin Jacobs, who currently heads up the US operations of the Group, as well as 
having been a member of the executive decision-making team since 1987, has been 
appointed Group CEO.  This has been a planned changeover as Paul Barnard has,   
for some time, expressed his desire to focus his attentions on the UK operations
of the Group.                                                                   
Lionel Wilson has been appointed to the Board as Chief Financial Officer.       
Johannesburg                                                                    
29 May 2003                                                                     
Sponsors                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Deloitte & Touche Sponsor Services (Pty) Limited                                

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