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Fri 21 Jul 2006, 16:22 Excellerate Holdings Limited - Change to the Board
EXL   EXLD
 EXL                                                                             
Excellerate Holdings Limited - Change to the Board of Directors                 
EXCELLERATE HOLDINGS LIMITED                                                    
(Registration number 1997/009884/06)                                            
Share code: EXL & ISIN: ZAE000026092                                            
Share code: EXLD & ISIN: ZAE000044145                                           
("Excellerate")                                                                 
CHANGE TO THE BOARD OF DIRECTORS                                                
In accordance with Section 3.59 of the JSE Limited Listings Requirements, in    
respect of a change to the Board of Directors, shareholders are advised that the
chief executive officer ("CEO"), Chris Hall will be resigning from the Board of 
directors and as an employee of Excellerate with effect from 31 December 2006 in
order to pursue personal interests. In the interim period, the Board will seek  
to appoint a CEO designate and shareholders will be informed of this appointment
in due course. The Board has expressed its gratitude to Chris Hall for his      
excellent contribution to the business and wish him well in his pursuits.       
Johannesburg                                                                    
21 July 2006                                                                    
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 21/07/2006 04:22:41 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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