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Tue 11 Nov 2003, 17:08 RESIGNATION OF DIRECTOR
BARNARD JACOBS MELLET HOLDINGS LIMITED - RESIGNATION OF DIRECTOR                
BARNARD JACOBS MELLET HOLDINGS LIMITED                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1995/004798/06)                                            
Share code: BJM                                                                 
ISIN code: ZAE000014262                                                         
("BJMH")                                                                        
RESIGNATION OF DIRECTOR                                                         
Mr. Lucien Verrezen, CEO of Barnard Jacobs Mellet Private Client Services ("BJM 
PCS"), has resigned with immediate effect to pursue personal interests.         
The operational management responsibility of BJM PCS has been assumed by Jan van
Staden, a long-standing director. He is backed by a dedicated management team   
and Merwen Mellet, who will continue to act as Chairman.                        
BJMH is South Africa"s largest independent stockbroking firm, and Group CEO     
Kevin Jacobs has emphasised the group"s commitment to the private client market 
in general and to BJM PCS in particular. The team looks forward to meeting the  
best interests of clients and shareholders as this business extracts its full   
potential.                                                                      
Johannesburg                                                                    
11 November 2003                                                                
Joint Sponsors:                                                                 
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Deloitte & Touche Sponsor Services (Pty) Limited                                
Date: 11/11/2003 05:00:02 PM Supplied by www.sharenet.co.za                     
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