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Tue 23 Mar 2004, 12:03 Appointment Of Independent Non-Executive
Edgars Consolidated Stores Limited - Appointment Of Independent Non-Executive   
  Director                                                                        
  Edgars Consolidated Stores Limited                                              
  "Edcon"                                                                         
  (Reg. No. 1946/022751/06)                                                       
  (Incorporated in the Republic of South Africa)                                  
  Share Code : ECO    ISIN  Code : ZAE000018388                                   
  APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR                               
  Edcon has pleasure in announcing the appointment of Mr Sandile Zungu as an      
  independent non-Executive director with effect from 23 March 2004.              
  Mr Zungu is chairman of state arms manufacturer Denel and has a BSc(Mech Eng)   
  and an MBA from UCT.  Mr Zungu is a key thinker on black economic empowerment   
  funding models and was an executive director of NAIL.  He is also non-executive 
  chairman of BJM Holdings and Africa Vanguard Holdings.  Mr Zungu established    
  Sarhwu Investment Holdings in 1997 and built it into a company with a net asset 
  value in excess of R400m.  He is a previous winner of BusinessMap"s Dealmaker of
  the Year award.                                                                 
  By order of the board                                                           
  E A Bagley                                                                      
  Group Secretary                                                                 
  23 March 2004                                                                   
  Registered Office                                                               
  Edgardale                                                                       
  Press Avenue                                                                    
  Crown Mines                                                                     
  Johannesburg                                                                    
  2025                                                                            
  Date: 23/03/2004 11:26:12 AM Produced by the JSE SENS Department
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