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Mon 7 Nov 2005, 16:31 Purple Capital - Resignation Of Director
Purple Capital - Resignation Of Director                                        
Purple Capital Limited                                                          
(formerly AVASA Holdings Limited)                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/013637/06)                                            
Share code: PPE ISIN: ZAE000071411                                              
("Purple Capital")                                                              
RESIGNATION OF DIRECTOR                                                         
In the announcement of Purple Capital"s results for the year ended 31 August    
2005, shareholders were notified of Andrew Bonamour"s intended resignation as an
executive director of Purple Capital in order to take up the reigns as CEO at   
Blackstar Managers (Pty) Limited, in which Purple Capital has a 49.9% interest. 
In this regard, shareholders are advised that Andrew Bonamour has now resigned. 
Johannesburg                                                                    
7 November 2005                                                                 
Sponsor: Bridge Capital Services (Pty) Limited                                  
Date: 07/11/2005 04:31:39 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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