1TM - 1time - Change to the board of Directors

1TM - 1time - Change to the board of Directors                                  
1time holdings Limited                                                          
Incorporated in the Republic of South Africa                                    
(Registration number 1999/017536/06)                                            
Share code: 1TM    ISIN: ZAE000102026                                           
("1time" or "the Company")                                                      
CHANGE TO THE BOARD OF DIRECTORS                                                
In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited   
("the JSE"), shareholders are hereby advised that Michael Snyman has resigned as
the group financial director of 1time, with effect from 31 May 2011.            
The board of directors of 1time ("the board") wish to thank Michael for his     
contribution to the Company, including his participation in the listing of 1time
on the Alternative Exchange ("AltX") of the JSE, the transfer of 1time`s listing
from the AltX to the Main Board of the JSE and the successful conclusion of the 
recent Black Economic Empowerment transaction.                                  
The board wishes Michael well in his future endeavours. The board has initiated 
the process to appoint a replacement financial director of 1time, and           
shareholders will be advised of the appointment in due course.                  
Shareholders are further advised that Peter Duffy, a chartered accountant, has  
been appointed as the financial director of 1time airline (Proprietary) Limited,
with effect from 1 April 2011.                                                  
Johannesburg                                                                    
31 March 2011                                                                   
Sponsor                                                                         
Merchantec Capital                                                              
Date: 31/03/2011 17:33:01 Supplied by www.sharenet.co.za                     
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