FWD - Freeworld Coatings Limited - Changes to the board of directors and board

FWD - Freeworld Coatings Limited - Changes to the board of directors and board  
committees                                                                      
FREEWORLD COATINGS LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 2007/021624/06)                                            
Share code: FWD                                                                 
ISIN: ZAE000109450                                                              
("Freeworld Coatings")                                                          
CHANGES TO THE BOARD OF DIRECTORS AND BOARD COMMITTEES                          
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
The following appointments to the board were made with effect from 28 April     
2011:                                                                           
-    Mr H Ishino - Chairman (Non-executive)                                     
-    Mr AJ Phillips - Vice Chairman (Non-executive)                             
-    Mr S Kobayashi (Non-executive)                                             
-    Mr HM Bharuka (Non-executive)                                              
-    Mr NH Malik (Non-executive)                                                
The following directors retired from the board with effect from 28 April 2011:  
-    Mr RM Godsell (Independent Non-Executive)                                  
-    Mr MM Ngoasheng (Independent Non-Executive)                                
-    Ms B Ngonyama (Independent Non-Executive)                                  
-    Mr DB Ntsebeza (Independent Non-Executive)                                 
-    Mr PM Surgey (Independent Non-Executive)                                   
The board is now comprised of:                                                  
Mr H Ishino - Chairman (Non-Executive)                                          
Mr AJ Phillips - Vice Chairman (Non-Executive)                                  
Mr HM Bharuka (Non-Executive)                                                   
Mr AJ Lamprecht (Chief Executive Officer)                                       
Prof E Links (Independent Non-Executive)                                        
Mr S Kobayashi (Non-Executive)                                                  
Mr NH Malik (Non-Executive)                                                     
Ms NDB Orleyn (Independent Non-Executive)                                       
Mr DA Thomas (Chief Financial Officer)                                          
The membership of the committees of the board was re-constituted as follows:    
Audit, Risk and Compliance Committee                                            
Existing Constitution            New Constitution                               
                                                                                
Ms B Ngonyama                    Mr HM Bharuka                                  
Prof E Links                     Ms NDB Orleyn                                  
Mr MM Ngoasheng                  Mr NH Malik                                    
                                Prof E Links (existing member)                  
Remuneration and Nomination Committee                                           
Existing Constitution            New Constitution                               
                                                                                
Mr RM Godsell                    Mr H Ishino                                    
Mr MM Ngoasheng                  Mr AJ Phillips                                 
Ms NDB Orleyn                    Mr S Kobayashi                                 
Paulshof                                                                        
29 April 2011                                                                   
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 29/04/2011 13:00:01 Supplied by www.sharenet.co.za                     
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