NWL - NU-World Holdings Limited - Appointment to the Board of Directors

NWL - NU-World Holdings Limited - Appointment to the Board of Directors         
NU-WORLD HOLDINGS LIMITED                                                       
Incorporated in the Republic of South Africa                                    
(Registration No. 1968/002490/06)                                               
JSE Code: NWL & ISIN: ZAE000005070                                              
("Nu-World" or "the Company")                                                   
APPOINTMENT TO THE BOARD OF DIRECTORS                                           
The board of directors of Nu-World ("the board") is pleased to announce the     
appointment of Mr. Richard Kinross CA(SA) to the board, with effect from 1ST    
November 2009, as an independent non-executive director.                        
Mr. R. Kinross (68) was admitted as a chartered accountant in 1965 and served as
a financial director in the retail industry for a number of years, before       
joining a medium size accounting practice as a senior partner. Mr. Kinross      
retired in February 2009 to become a director of Financial Mentors (Pty) Ltd, a 
company specialising in wealth creation and financial advisory services,        
consulting with several private companies and individuals. Mr. Kinross`s areas  
of expertise include amongst others:- business development, risk assessment,    
management accounting and credit control.                                       
12 November 2009                                                                
Johannesburg                                                                    
Sponsor                                                                         
Sasfin Capital                                                                  
(a division of Sasfin Bank Limited)                                             
Date: 12/11/2009 12:44:01 Supplied by www.sharenet.co.za                     
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