MICROMEGA HOLDINGS LIMITED - APPOINTMENT AND RESIGNATION OF

MICROMEGA HOLDINGS LIMITED - APPOINTMENT AND RESIGNATION OF                     
AUDITORS                                                                        
(Registration number 1998/003821/06)                                            
(Incorporated in the Republic of South Africa)                                  
ISIN code:ZAE000034435        Share code: MMG                                   
("MICROmega" or "the Company")                                                  
APPOINTMENT AND RESIGNATION OF AUDITORS                                         
In terms of paragraph 3.75 of the Listing Requirements of the JSE Securities    
Exchange South Africa, shareholders are advised of the following changes to the 
company"s auditors:                                                             
New Appointment:                                                                
Our previous auditors R W Irish - Alliott Inc. who have continually performed   
the audit of the subsidiary companies have been re appointed as auditors of the 
holding company MICROmega Holdings Limited with effect from 11 March 2004.      
Resignation:                                                                    
P R Niven & Company has resigned as auditor with effect from 11 March 2004.     
12 March 2004                                                                   
Sponsor: LPC Manhattan Sponsors (Pty) Ltd                                       
Date: 16/03/2004 11:53:30 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department