PGL - Pallinghurst Resources - Approval of name change

PGL - Pallinghurst Resources - Approval of name change                          
Pallinghurst Resources (Guernsey) Limited                                       
Registration Number: 47656                                                      
(Incorporated in Guernsey)                                                      
ISIN: GG00B27Y8Z93                                                              
BSX share code: PALLRES                                                         
JSE share code: PGL                                                             
("Pallinghurst" or the "Company")                                               
APPROVAL OF NAME CHANGE                                                         
Shareholders are advised that the special resolution in respect of the change of
name from Pallinghurst Resources (Guernsey) Limited to Pallinghurst Resources   
Limited has been approved by the Guernsey Registry.                             
The salient dates timetable is as set out below:                                
                                                 2009                           
Last day to trade under old name "Pallinghurst    Friday, 05 June               
Resources (Guernsey) Limited"                                                   
Change of name on the JSE effective from the      Monday, 08 June               
commencement of business                                                        
Trade under the new name "Pallinghurst Resources                                
Limited" under the                                                              
JSE share code "PGL", abbreviated name                                          
"PALLINGHT" and                                                                 
ISIN: GG00B27Y8Z93 from the commencement of       Monday, 08 June               
trading                                                                         
Record date for the change of name                Friday, 12 June               
New share certificates reflecting the change of                                 
name posted by registered post,                                                 
to Pallinghurst certificated shareholders who                                   
have surrendered their documents                                                
of title on or before 12:00 on the record date    Monday, 15 June               
(see note iii below) on or about                                                
Dematerialised Pallinghurst shareholders`                                       
accounts updated with new name by                                               
their CSDP or broker                              Monday, 15 June               
29 May 2009                                                                     
Sponsor: Investec Bank Limited                                                  
Date: 29/05/2009 13:33:01 Supplied by www.sharenet.co.za                     
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