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Fri 10 Sep 2004, 14:32 Changes To Board Of Directors
Mercantile Lisbon Bank Holdings Limited - Changes To Board Of Directors         
  Mercantile Lisbon Bank Holdings Limited                                         
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1989/000164/06)                                            
  (`Mercantile`)                                                                  
  Share code: MTL               ISIN:  ZAE000056537                               
  CHANGES TO BOARD OF DIRECTORS                                                   
  Shareholders are notified that Dr RML de FN Ribas has resigned as a Non-        
  executive Director of Mercantile with effect from 7 September 2004.  Dr Ribas   
  was seconded to Mercantile by Caixa Geral de Depositos (`CGD`) to oversee its   
  recapitalisation, and following the completion of this exercise, he has been    
  reassigned back to CGD.                                                         
  Johannesburg                                                                    
  10 September 2004                                                               
  Sponsor: Bridge Capital Services (Proprietary) Limited                          
  Date: 10/09/2004 01:45:05 PM Produced by the JSE SENS Department                
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