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Samrand - Appointment of director                                               
  Samrand Development Holdings Limited                                            
  (Incorporated in the Republic of South Africa)                                  
  (Registration number: 1971/003132/06)                                           
  Share Code: SMR   ISIN: ZAE000010419                                            
  ("Samrand")                                                                     
  Appointment of director                                                         
  Samrand is pleased to announce the appointment of Mabusela David Lamola as a non
  executive director with effect from 18 September 2003.                          
  Mabusela is a strategic planning consultant having left the Post Office in      
  September 2001 where he was Transitional Senior General Manager - Mail          
  Operations.                                                                     
  Sandton                                                                         
  19 September 2003                                                               
  Sponsor                                                                         
  LPC Manhattan Sponsors                                                          
  Date: 19/09/2003 03:11:15 PM Produced by the JSE SENS Department

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