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Tue 20 Apr 2004, 9:03 New appointments to the board
Spectrum Shipping Limited - New appointments to the board                       
  SPECTRUM SHIPPING LIMITED                                                       
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1998/018118/06)                                            
  Share code: SUM                    ISIN: ZAE000037446                           
  ("Spectrum" or "the company")                                                   
  New appointments to the board                                                   
  The board of Spectrum Shipping Limited announced the appointment of three non-  
  executive members at its annual general meeting on 15 April 2004.               
  They are Sandile Zungu, Chief Emmanuel Lediga and Moses Tembe.                  
  Zungu (36) is chairman of Denel, South Africa"s state-owned arms manufacturer,  
  Barnard Jacobs Mellet Holdings Limited, a JSE-listed stock broking firm as well 
  as Africa Vanguard Resources and Zungu Investments Company (ZICO), the holding  
  company of his business interests. He is a non-executive director of several    
  other companies.                                                                
  Zungu features in the Financial Mail"s Little Black Book profiling South        
  Africa"s 300 most influential black business persons and is a member of the     
  World Economic Forum in his capacity as Global Leader for Tomorrow.             
  Chief Lediga (37) is non-executive chairman of Legae Securities (Pty) Ltd, a    
  stock broking firm at the JSE Securities Exchange South Africa, while Tembe is  
  an entrepreneurial shareholder and director of various businesses in retail,    
  tourism, shipping and marine engineering sectors.                               
  DURBAN                                                                          
  19 April 2004                                                                   
  Sponsor                                                                         
  LPC MANHATTAN                                                                   
  Date: 20/04/2004 08:55:04 AM Produced by the JSE SENS Department
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