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Tue 5 Apr 2005, 8:34 Faritec Holdings Limited - Appointment Of Director
Faritec Holdings Limited - Appointment Of Director And Change Of Company        
Secretary                                                                       
Faritec Holdings Limited                                                        
(Registration number 1998/004872/06)                                            
Share code: FRT                                                                 
ISIN: ZAE000016838                                                              
(`Faritec` or the `company`)                                                    
APPOINTMENT OF DIRECTOR AND CHANGE OF COMPANY SECRETARY                         
In accordance with Section 3.59 of the JSE Securities Exchange South Africa     
Listings Requirements, shareholders are advised of the following:               
- Tshidi Nyembe has been appointed to the board of directors of Faritec, as     
group financial director with effect from 1 April 2005.                         
Tshidi has the following qualifications: B.Comm (Accounting), University of     
Bophuthatswana; B.Compt (Honours), University of South Africa; CTA, University  
of South Africa; CA(SA).                                                        
Tshidi`s experience lies in capital expenditure and equity investments,         
corporate finance and financial management. She joins Faritec from Transnet,    
where she was an assistant general manager of finance and held various positions
including as a member of the Investment, Risk and Audit committees of the       
Transnet Retirement Fund and Transmed Medical Aid Fund. Before Tshidi joined    
Transnet in 1999, she was a corporate analyst at Stanbic. She also sits on the  
board of directors of Charities Aid Foundation SA, a section 21 company.        
- Mr. Donald Nieuwoudt has resigned as company secretary with effect from 31    
March 2005.                                                                     
- Mr. Craig Densham has been appointed as company secretary with effect from 1  
April 2005.                                                                     
Rosebank                                                                        
5 April 2005                                                                    
Sponsor                                                                         
Java Capital (Pty) Ltd
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