The Bidvest Group Limited - Bidvest announces new directorate

The Bidvest Group Limited - Bidvest announces new directorate                   
The Bidvest Group Limited                                                       
Incorporated in the Republic of South Africa                                    
Registration number 1946/021180/06                                              
Share code BVT                                                                  
ISIN:ZAE000050449                                                               
("Bidvest"or "Group")                                                           
Bidvest announces new directorate                                               
In compliance with rule 3.59 of the JSE Listing Requirements, the following     
information is disclosed:                                                       
Further to the announcement regarding the restructuring of the Board made on the
release of the Group"s results for the half year ended December 31 2005, Bidvest
is pleased to announce its current directorate:                                 
Non Executive:                                                                  
MC Ramaphosa (Chairman)                                                         
DDB Band                                                                        
LG Boyle#                                                                       
AA de Costa (alternate LJ Mokoena)                                              
S Koseff                                                                        
RM Kunene                                                                       
G Marcus                                                                        
D Masson                                                                        
BE Moffat (alternate T Slabbert)                                                
JL Pamensky                                                                     
N Payne*                                                                        
Adv P Tlakula*                                                                  
Executive:                                                                      
B Joffe ( Group Chief Executive)                                                
FJ Barnes (CE Bidvest Europe Division)                                          
BL Berson (CE Bidvest Australasia Division)                                     
MC Berzack  (CE Bid Industrial and Commercial Products Division)                
AW Dawe* (CE Bidfreight Division)                                               
MBN Dube (Group Commercial Director)                                            
LI Jacobs (Executive Director Bidserv Division)                                 
CH Kretzmann (CE Bidfoods Division)                                             
P Nyman (Group Financial Director) (alternate DE Cleasby*)                      
SG Pretorius (CE Bid Auto Division)                                             
LP Ralphs (CE Bidserv Division)                                                 
AC Salomon (Executive Director)                                                 
* New appointment with immediate effect                                         
# Previously an Executive Director                                              
Non executive directors Messrs N Cassim, M Chipkin and T Reitman all resign with
immediate effect however M Chipkin as the co founder of Bidvest will remain     
involved in an honorary capacity.                                               
N Payne CA(SA) MBL, is a leading authority on corporate governance, risk        
management and internal audit and was the convenor of the risk management and   
internal audit task team of the King 2 report on corporate governance for South 
Africa.                                                                         
Advocate P Tlakula is the chief electoral officer of the Independent Electoral  
Commission and was previously a member of the Human Rights Commission, playing  
an active role in supporting gender rights and combating racism.                
Executive directors Messrs LI Chimes, AM Griffith, DK Rosevear, CE Singer, PD   
Womersley and HL Greenstein all resign as directors of the Group with immediate 
effect but continue their directorships of certain subsidiary companies as well 
as their roles as senior management of the Group.                               
LG Boyle has resigned as executive director responsible for the travel and      
banking operations however has been appointed as a non executive director.      
AW Dawe CA(SA), is the chief executive of the Bidfreight Division, a position he
has held for the past year.                                                     
DE Cleasby CA(SA), previously responsible for Group Corporate Finance and       
Investor Relations, has been appointed as Financial Director designate and will 
assume full responsibility following a handover period.                         
By order of the Board                                                           
June 28  2006                                                                   
Sponsor:Investec Bank Limited                                                   
Date: 28/06/2006 04:06:37 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department