JSC - Jasco - Update to changes to the board previously announced

JSC - Jasco - Update to changes to the board previously announced               
JASCO ELECTRONICS HOLDINGS LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/003293/06)                                            
Share Code: JSC & ISIN: ZAE000003794                                            
("Jasco" or "the company")                                                      
UPDATE TO CHANGES TO THE BOARD PREVIOUSLY ANNOUNCED                             
Shareholders are referred to the announcement released on the Securities        
Exchange News Service of the JSE Limited on 23 March 2011 whereby shareholders  
were informed of the resignation, effective 1 July 2011, of Jasco`s Chief       
Executive Officer, Mr. MH Lotz.  In the same announcement shareholders were     
advised of the appointment of Mr. AMF Da Silva in an executive capacity to take 
over the role from Mr. Lotz as Chief Executive Officer, also with effect from 1 
July 2011.                                                                      
It is hereby announced that Mr AMF Da Silva will assume the role of Chief       
Executive Officer with effect from 5 May 2011.                                  
Mr MH Lotz will remain with the company until 30 June 2011 to allow a complete  
transition process.                                                             
Johannesburg                                                                    
5 May 2011                                                                      
Sponsor                                                                         
Grindrod Bank Limited                                                           
Date: 05/05/2011 16:58:51 Supplied by www.sharenet.co.za                     
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