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Mon 19 Mar 2007, 11:02 MRF - Merafe Resources Limited - Resignation from
MRF
 MRF                                                                             
MRF - Merafe Resources Limited - Resignation from Board of Directors            
Merafe Resources Limited                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/003452/06)                                            
("Merafe")                                                                      
Share Code: MRF                                                                 
ISIN: ZAE000060000                                                              
RESIGNATION FROM BOARD OF DIRECTORS                                             
In compliance with Section 3.59 of the Listings Requirements of the JSE Limited,
shareholders are advised that Mr Qinisani Mbatha, a non-executive director, who 
was the representative of the Industrial Development Corporation of South Africa
Limited ("IDC") on the board of directors of Merafe ("the board"), has resigned 
with immediate effect, as a result of him resigning from the IDC. The IDC will  
nominate a replacement representative of the IDC to the board in due course.    
Sandton                                                                         
19 March 2007                                                                   
Sponsor                                                                         
ABSA Capital                                                                    
A division of ABSA Bank Limited                                                 
(Reg. No. 1986/004794/06)                                                       
Date: 19/03/2007 11:02:06 Produced by the JSE SENS Department.
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