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Wed 21 Jun 2006, 15:42 Afgem Limited - Resignation of Director
AFG
 AFG                                                                             
Afgem Limited - Resignation of Director                                         
Afgem Limited                                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/007292/06)                                            
JSE share code: AFG & ISIN: ZAE000067757                                        
("Afgem" or "the Company")                                                      
Formerly African Gem Resources Limited                                          
Resignation of Director                                                         
In compliance with Section 3.59 of the Listings Requirements of the JSE Limited,
shareholders are advised that Mike Nunn has tendered his resignation from the   
board of Afgem.                                                                 
Mike has been a non-executive director of the Afgem board since 4 August 2005.  
Mike is resigning to pursue new interests in the mining sector.  Rodney Yaldwyn,
current Afgem CEO, and the rest of the board wish to express their thanks to    
Mike for his contribution to the Company over the years and wish him the best in
his new endeavours.                                                             
The resignation is effective immediately.                                       
Melrose Arch                                                                    
21 June 2006                                                                    
Sponsor                                                                         
Absa Capital - Corporate Finance                                                
A division of Absa Bank Limited                                                 
Reg. No. 1986/004794/06)                                                        
Date: 21/06/2006 03:42:26 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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