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Mon 27 Mar 2006, 17:48 NSX - Namsea - Change in the controlling sharehold
NMS
 NMS                                                                             
NSX - Namsea - Change in the controlling shareholder of Namsea                  
Namibian Sea Products Limited                                                   
(Incorporated in the Republic of Namibia)                                       
NSX Share Code: NAS                                                             
JSE Share code: NMS  &  ISIN: NA0008640246                                      
(Registration number 709/1953)                                                  
("Namsea")                                                                      
Change in the controlling shareholder of Namibian Sea Products Limited          
Control of Namsea has changed following the Bidvest Group Limited"s (Bidvest)   
acquisition of the 34,99% held by Namibian Fishing Industries Limited (currently
in liquidation) in Namsea from the liquidators.                                 
The acquisition increases Bidvest"s shareholding in Namsea to 65% of the total  
issued share capital.                                                           
Windhoek                                                                        
27 March 2006                                                                   
Sponsor in Namibia            Sponsor in SA                                     
Investment House Namibia      PSG Capital                                       
Date: 27/03/2006 05:48:37 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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