Sekunjalo Investments Limited - Press Release

Sekunjalo Investments Limited - Press Release                                   
Sekunjalo Investments Limited                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/006093/06)                                            
Share code: SKJ  ISIN: ZAE000017893                                             
("Sekunjalo" or "the company")                                                  
MEDIA RELEASE                                                                   
The Board of Directors                                                          
Sekunjalo Investment Limited                                                    
Sekunjalo Investments Limited has announced the appointment of Mr Norman Noland 
as the Deputy CEO of Sekunjalo Investments Limited.  He has also been appointed 
to the Board of Sekunjalo Investments Limited.                                  
Mr Norman Noland is the current Executive Deputy Chairman of Sekunjalo Capital  
and has to a large extent been responsible for the establishment of the fast    
growing financial services arm of Sekunjalo Capital.                            
With nearly forty (40) years experience in banking and financial services, Mr   
Noland also has extensive experiences in the Property, Information Technology,  
Leisure Industry, and the international financial services environment.         
A disciplinarian in terms of business delivery and with vast experience in      
strategy implementation, Mr Noland"s vast experience will be of great value to  
Sekunjalo as the groups moves into the next exciting stage of its lifecycle.    
He, reports to CEO, Dr Iqbal Surve and will with immediate effect assume full   
responsibility for all of the groups investments and subsidiaries.              
Dr Iqbal Surve comments :  "Sekunjalo is entering an exciting period which will 
see enhanced organic and acquisitive growth. I deemed it appropriate to beef up 
the executive team at Sekunjalo Investment Limited as we enter this new era.    
The rapid and significant contribution made by Norman at Sekunjalo Capital will 
soon be similarly felt in the group.  I am delighted to have him on board.  His 
experience will be of great value to us and free me up to devote quality time in
securing some of the excellent opportunities in the pipeline and to devote      
attention to the process of unlocking some value for shareholders".             
Cape Town                                                                       
14 December 2005                                                                
Date: 14/12/2005 02:08:58 PM Supplied by www.sharenet.co.za                     
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