PGL - Pallinghurst - Removal of Special Resolution from AGM

PGL - Pallinghurst - Removal of Special Resolution from AGM                     
Pallinghurst Resources (Guernsey) Limited                                       
Registration Number: 47656                                                      
(Incorporated in Guernsey)                                                      
ISIN: GG00B27Y8Z93                                                              
BSX share code: PALLRES                                                         
JSE share code: PGL                                                             
("Company")                                                                     
Removal of Special Resolution from AGM                                          
Shareholders are referred to the Notice of the Annual General Meeting to be held
at Valley House, Hirzel Street, St Peter Port, Guernsey on Friday 22 May 2009.  
The notice contains the Special Resolution that general authority be granted to 
the Directors to issue up to 15% of the ordinary shares already in issue, until 
the next AGM of the Company.                                                    
The Directors would like to inform shareholders that the Special Resolution will
not be tabled at the AGM and has been removed.                                  
All other details of the AGM remain the same. New proxy forms and a new notice  
of meeting will not be circulated.                                              
Johannesburg                                                                    
12 May 2009                                                                     
Sponsor: Investec Bank Limited                                                  
Date: 12/05/2009 17:51:31 Supplied by www.sharenet.co.za                     
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