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Tue 28 Nov 2006, 17:05 Enterprise Risk Management Limited - Changes to th
ERM
 ERM                                                                             
Enterprise Risk Management Limited - Changes to the board                       
Enterprise Risk Management Limited                                              
Incorporated in the Republic of South Africa                                    
(Registration number: 1995/001603/06)                                           
Share code: ERM   ISIN: ZAE000037701                                            
("ERM" or "the Company")                                                        
CHANGES TO THE BOARD                                                            
In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited   
("JSE"), the board of directors of ERM hereby notifies its shareholders that    
Mr. Barney Esterhuyzen has been appointed as a non-executive director of the    
Company with effect from Tuesday, 28 November 2006.                             
Mr. Esterhuyzen (B.Comm LLB) is an advocate and entrepreneur. He has served on  
a number of boards including JSE listed SAIL Group Limited, where he acted as   
Chairman of the company. He is currently executive Chairman of the Luna Group   
(Proprietary) Limited, a private equity investment company based in Cape Town.  
He is also a director of JSE listed Digicore Limited, where he was appointed    
in December 2005.                                                               
Johannesburg                                                                    
28 November 2006                                                                
Sponsor                                                                         
Merchant Sponsors (Proprietary) Limited                                         
Date: 28/11/2006 05:05:02 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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