PRESS RELEASES

CHANGES TO THE BOARD OF DIRECTORS

9 September 2003

In compliance with rule 3.59 of the JSE Listings Requirements, the following information is disclosed:

Messrs M Bosman, A G Fletcher, Dr E Links and Prof E C Botha have been appointed to the board of VenFin Limited as independent non-executive directors.

Shortened Curricula Vitae of four VenFin Limited independent non-executive directors appointed on 8 September 2003

1.Mike Bosman Age 42 Directorships:- Director of Primedia Limited, Klein Champagne (Proprietary) Limited and Skystream Air Charters (Proprietary) Limited

2. Liesbeth Botha Age 41 Directorships:- Director of Unistel Group Holdings, Manager of Innovation, Stellenbosch University and fellow of the CSIR

3. Anthony Fletcher Age 51 Directorships:- Executive Deputy Chairman of ELB Group Limited and director of the Industrial Development Corporation of South Africa Limited and Explorer Corporation Holdings Limited.

4. Elias Links Age 56 Directorships:- Director of Pepkor Limited, Business Partners Limited and Lion of Africa Insurance Company Limited

The above changes are effective from 8 September 2003.