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Thu 17 Jun 2004, 12:37 METROPOLITAN HOLDINGS LIMITED - CHANGES TO THE BOA
METROPOLITAN HOLDINGS LIMITED - CHANGES TO THE BOARD OF DIRECTORS               
Metropolitan Holdings Limited                                                   
(Incorporated in the Republic of South Africa)                                  
Registration number: 2000/031756/06                                             
JSE Code: MET                                                                   
NSX Code: MTD                                                                   
ISIN Code: ZAE000050456                                                         
(`Metropolitan`)                                                                
CHANGES TO THE BOARD OF DIRECTORS                                               
In compliance with Section 3.59 of the Listings Requirements of the JSE         
Securities Exchange South Africa, notice is hereby given that:                  
Messrs Eric Molobi and JJ Njeke will be appointed as directors of Metropolitan  
with effect from 1 July 2004 and Mr Andile Sangqu will be appointed as an       
alternate director to Mr Molobi. These newly appointed directors will hold      
office until the next annual general meeting of Metropolitan whereafter they    
will be eligible for re-election.                                               
Cape Town                                                                       
17 June 2004                                                                    
Sponsor in South Africa                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Sponsor in Namibia                                                              
Simonis Storm Securities
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