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Thu 1 Jul 2004, 16:53 Change To Board Of Directors
MGX Holdings Limited - Change To Board Of Directors                             
  MGX Holdings Limited                                                            
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1983/012697/06)                                            
  (Share code: MGX)                                                               
  (ISIN: ZAE000009262)                                                            
  (`MGX`)                                                                         
  CHANGE TO BOARD OF DIRECTORS                                                    
  In compliance with Rule 3.59 of the Listings Requirements of the JSE Securities 
  Exchange South Africa, MGX announces that, with effect from Wednesday, 30 June  
  2004:                                                                           
  Mr N J Webster has resigned from the board of directors of MGX but will remain a
  director of EC Hold Limited and Metrofile (Proprietary) Limited; and            
  Mr G D Wackrill has been appointed as an executive director of MGX.             
  Johannesburg                                                                    
  1 July 2004                                                                     
  Sponsor                                                                         
  Standard Bank                                                                   
  Date: 01/07/2004 04:46:12 PM Produced by the JSE SENS Department                
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