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Fri 5 Dec 2003, 8:20 APPOINTMENTS TO THE BOARD OF DIRECTORS
INTERTRADING LIMITED - APPOINTMENTS TO THE BOARD OF DIRECTORS                   
  INTERTRADING LIMITED                                                            
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1987/004777/06)                                            
  JSE Share code: ITR                                                             
  ISIN Code: ZAE000015566                                                         
  ("Intertrading" or "the company")                                               
  APPOINTMENTS TO THE BOARD OF DIRECTORS                                          
  In terms of 3.59 of the Listings Requirements of the JSE Securities Exchange    
  South Africa, Intertading Limited hereby advises that Mr Chris Jousse and       
  Mr Richard Wells have been appointed as non-executive directors to the board of 
  the company effective 4 December 2003.                                          
  Johannesburg                                                                    
  4 December 2003                                                                 
  Date: 05/12/2003 07:21:07 AM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
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