VUN - Vunani Limited - Changes to the board

VUN - Vunani Limited - Changes to the board                                     
VUNANI LIMITED                                                                  
(formerly Vunani Capital Holdings (Proprietary) Limited)                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/020641/06)                                            
JSE code: VUN                                                                   
ISIN: ZAE000110359                                                              
("the company")                                                                 
CHANGES TO THE BOARD                                                            
In compliance with paragraph 3.59 of the Listings Requirements of the JSE       
Limited, the company advises as follows:                                        
Resignation of chairman:                                                        
Mr. Chris Nissen:                                                               
-    has tendered his resignation as Chairman of the Board with immediate       
    effect; and                                                                 
-    will not seek re-election as a director at the company`s annual general    
    meeting to be held on 19 June 2008.                                         
The Board accepts Mr. Nissen`s resignation and wishes him well in the future.   
Mr. Willie Ross has been appointed the new Chairman of the company.             
Appointment of independent non-executive director:                              
The Board is pleased to announce the appointment of Nambita Sinazo Mazwi as an  
independent non-executive director with immediate effect.                       
Johannesburg                                                                    
17 June 2008                                                                    
Designated Advisers                                                             
Merchant Sponsors (Proprietary) Limited                                         
Vunani Corporate Finance                                                        
Date: 17/06/2008 17:11:19 Supplied by www.sharenet.co.za                     
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