GPL - Grand Parade Investments Limited - Resignation of Company Secretary and

GPL - Grand Parade Investments Limited - Resignation of Company Secretary and   
Appointemnt of Fiancial Director and New Company Secretary of GPI               
Grand Parade Investments Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1997/003548/06)                                           
Share code: GPL                                                                 
ISIN: ZAE000119814                                                              
("GPI" or "the company")                                                        
RESIGNATION OF COMPANY SECRETARY AND APPOINTEMNT OF FIANCIAL DIRECTOR AND NEW   
COMPANY SECRETARY OF GPI                                                        
In compliance with section 3.59(b) of the Listings Requirements of the JSE      
Limited ("JSE Listings Requirements"), notification is hereby given that Mr.    
Ralph Freese ("Ralph") has resigned as company secretary of GPI with immediate  
effect. The board expresses its appreciation for the commitment and contribution
that Mr. Freese has made during his tenure.                                     
In compliance with sections 3.84 (h), 4.8(b) and 7.F.6 of the JSE`s Listings    
Requirements, notification is hereby given that Mr Richard Julian Hoption       
("Richard") has been appointed as the Financial Director and new Company        
Secretary of GPI with immediate effect.                                         
Richard was appointed to the board of GPI in March 2008 as CEO in anticipation  
of the company`s listing on the JSE, and remained on the board after stepping   
aside as CEO and facilitating the appointment of the current CEO in September   
2008. Richard is a qualified C.A.(S.A.) and has a wealth of investment and      
financial management experience spanning his 20 year career, including Financial
Manager of a subsidiary of the listed Metair Limited, as well Financial Manager,
Senior Operations Manager and Regional Investment Manager (KZN) for a specialist
property development and investment division of NBS Bank Limited, (later BOE    
Bank Limited and now Nedbank Limited), which also saw Richard being appointed to
various boards of property investment and development companies. Since GPI`s    
listing, Richard has continued to be part of the executive management of the    
company and has already played a significant role in GPI`s investments, and in  
the development of GPI`s financial and management accounting and reporting. The 
board wishes to take this opportunity to congratulate Richard on his            
appointment.                                                                    
25 June 2009                                                                    
Cape Town                                                                       
Sponsor: PSG Capital (Pty) Limited                                              
Date: 25/06/2009 15:55:02 Supplied by www.sharenet.co.za                     
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