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Mon 1 Sep 2003, 8:42 Thabex - Changes To Board Of Directors
Thabex - Changes To Board Of Directors                                          
THABEX EXPLORATION LIMITED                                                      
Registration No 1988/000763/06                                                  
(Incorporated in the Republic of South Africa)                                  
JSE share code: TBX                                                             
ISIN Code: ZAE000013686                                                         
Young Lions Exploring Africa                                                    
("Thabex")                                                                      
In compliance with the requirements of paragraph 3.67 and 4.10 of the JSE       
Securities Exchange South Africa Listing Requirements, and in the interest of   
good corporate governance, Thabex announces that with effect from Friday, 29    
August 2003, Jeffrey Raymond Rapoo, currently a non-executive director has been 
appointed as  acting non-executive Chairperson of Thabex.  Marius Welthagen has 
resigned his position as Chairperson but will retain his position as Chief      
Executive Officer.
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