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Kersaf Investments Limited - Change In Directorate 

Release Date: 30/06/2004 12:37:02      Code(s): KER        
KERSAF INVESTMENTS LIMITED - CHANGE IN DIRECTORATE                              
Kersaf Investments Limited                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1967/007528/06)                                            
JSE Share code: KER                                                             
ISIN: ZAE000003844                                                              
CHANGE IN DIRECTORATE                                                           
In accordance with Section 3.59 of the JSE Securities Exchange Listings         
Requirements, notification is hereby given that Mr Stephen Mildenhall, a non-   
executive director of Kersaf, has resigned from the board as from 30 June 2004. 
30 June 2004                                                                    
Sponsor                                                                         
Investec Bank Limited                                                           

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