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Thu 26 Oct 2006, 9:27 Metropolitan - New appointment and change in Direc
MET
 MET                                                                             
Metropolitan - New appointment and change in Directorate                        
METROPOLITAN HOLDINGS LTD                                                       
(Incorporated in the Republic of South Africa)                                  
Registration number:  2000/031756/06                                            
ISIN:  ZAE000050456                                                             
JSE Share Code:  MET                                                            
NSX Share Code:  MTD                                                            
("Metropolitan")                                                                
NEW APPOINTMENT AND CHANGE IN DIRECTORATE                                       
Phillip Matlakala, currently executive general manager of Metropolitan Life, has
been appointed to succeed Derek Pead as chief executive of Metropolitan"s Retail
business. Derek"s expertise and experience will continue to benefit the group as
he will assume responsibility for a significant new strategic project.          
In terms of section 3.59 of the Listings Requirements of the JSE Ltd, notice is 
also hereby given that Derek Pead has resigned as an executive director from the
Metropolitan board and that Phillip Matlakala has been appointed as an executive
director of Metropolitan, both with effect from 1 January 2007.                 
Bellville                                                                       
26 October 2006                                                                 
Date: 26/10/2006 09:27:03 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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