CUL / CULP - Cullinan Holdings Limited - Announcement to Shareholders

CUL / CULP - Cullinan Holdings Limited - Announcement to Shareholders           
CULLINAN HOLDINGS LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1902/001808/06)                                            
Share Code: CUL & ISIN: ZAE000013710                                            
Share Code: CULP * ISIN: ZAE000001947                                           
("the company")                                                                 
ANNOUNCEMENT TO SHAREHOLDERS                                                    
The board of directors of the company wishes to advise shareholders that, with  
effect from 18 March 2009:                                                      
-    Mr. Andre Viljoen has resigned as a director and Chief Executive Officer of
the company.  Mr. Michael Tollman, the current non-executive Chairman, has been 
appointed as Executive Chairman and CEO until such time as a long term          
replacement is appointed by the company;                                        
-    Mr. David Standage, the current Chief Financial Officer of the company, has
been appointed as the Financial Director of the company.                        
By order of the board                                                           
Rosebank                                                                        
18 March 2009                                                                   
Sponsor                                                                         
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 18/03/2009 11:44:01 Supplied by www.sharenet.co.za                     
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