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Fri 10 Oct 2003, 10:00 ANNOUNCEMENT
WINECORP LIMITED -                                               
Winecorp Limited                                                                
(Registration number 1997/012032/06)                                            
Share code: WNE  ISIN: ZAE000027710                                             
("Winecorp" or "the company")                                                   
Winecorp Ltd wishes to announce the appointment of Ralph Freese as Chairman of  
the company with effect from 10 October 2003 following the resignation as       
Chairman of Gerrie Wagener.  Ralph has been a non-executive director of Winecorp
Ltd since January 2003 and brings extensive business experience to the group as 
director of various companies involved in the IT, Leisure and Communication     
sectors.  Gerrie will be resigning as non-executive director in December when he
will leave the group to pursue other interests.                                 
Cape Town                                                                       
10 October 2003                                                                 
Sponsor                                                                         
Sasfin Corporate Finance                                                        
A division of Sasfin Bank Limited                                               
Date: 10/10/2003 09:50:59 AM Supplied by www.sharenet.co.za                     
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