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Wed 14 Jan 2004, 17:08 CHANGE TO THE BOARD OF DIRECTORS
SAIL GROUP LIMITED - CHANGE TO THE BOARD OF DIRECTORS                           
SAIL GROUP LIMITED                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1941/014601/06)                                            
("SAIL" or "the company")                                                       
Share code: SIR     ISIN code: ZAE000039962                                     
CHANGE TO THE BOARD OF DIRECTORS                                                
In accordance with 3.59 of the JSE Securities Exchange South Africa Listings    
Requirements, in respect of a change to the Board of Directors of a listed      
company, notification is given that Mr Reuel Khoza has resigned as a non-       
executive director of SAIL Group Limited Board with immediate effect.           
Shareholders are further advised that Mr Sam Nematwerani has resigned as an     
alternate director to Mr Reuel Khoza on the SAIL Board with immediate effect.   
Cape Town                                                                       
14 January 2004                                                                 
Investment bank and sponsor                                                     
Nedbank Corporate                                                               
Date: 14/01/2004 05:05:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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