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Fri 26 May 2006, 15:24 Peermont Global Limited - Resignation Of Directors
PTG
 PTG                                                                             
Peermont Global Limited - Resignation Of Directors                              
Peermont Global Limited                                                         
(Incorporated in the Republic of South Africa)                                  
Registration number 1995/004449/06                                              
Share code: PTG                                                                 
ISIN: ZAE000058053                                                              
("Peermont Global" or "the company")                                            
RESIGNATION OF DIRECTORS                                                        
Shareholders are advised that Mr. Peter Papadimitropoulos and Mr Sifiso Raymond 
Dabengwa have resigned from the board of directors of Peermont Global Limited   
with immediate effect.                                                          
Mr. Papadimitropoulos has resigned from the board to pursue other interests. Mr.
Papadimitropoulos initially represented one of the early stage shareholders of  
the company and has been a valued member of the board since 1998. He has        
provided the company with much needed continuity at board level with the buy-out
of the initial shareholders of the company and the transition from an unlisted  
to a listed entity.                                                             
Mr. Dabengwa is the Chief Operating Officer of the MTN Group and spends a large 
proportion of his time outside of South Africa. Accordingly, he is unable to    
devote sufficient time to his duties as director of the company.                
We thank Mr. Papadimitropoulos and Mr. Dabengwa for their contributions to the  
company and wish them well in their future endeavours.                          
Bryanston                                                                       
26 May 2006                                                                     
Sponsor                                                                         
Standard Bank                                                                   
Date: 26/05/2006 03:24:41 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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