TLM - Telemasters Holdings Limited - Change in role and new appointment of a

TLM - Telemasters Holdings Limited - Change in role and new appointment of a    
director                                                                        
TELEMASTERS HOLDINGS LIMITED                                                    
(Registration Number: 2006/015734/06)                                           
JSE Code: TLM   ISIN: ZAE 000093324                                             
("Telemasters" or "the Company")                                                
CHANGE IN ROLE AND NEW APPOINTMENT OF A DIRECTOR                                
Shareholders are advised that Brandon Topham`s role will change from interim    
financial director to non-executive director with immediate effect.             
In compliance with paragraph 3.59 of the Listings Requirements of the JSE       
Limited, the board of directors of Telemasters hereby advise shareholders that  
Ms Erika Rossouw will be appointed as financial director with immediate effect. 
Please see below a short curriculum vitae on Ms Rossouw.                        
Erika Rossouw is both a qualified Chartered Accountant (South Africa) and a     
qualified Chartered Management Accountant (United Kingdom). She has several     
years` experience in a wide range of industries, obtained locally and           
internationally.                                                                
Most recently she was a Financial Executive for Pinnacle Point Group Ltd, after 
the reverse take-over transaction with Acc-Ross Holdings Ltd where she was the  
Head of Finance and Operations. Prior to that Erika was the Financial Controller
for Marsh South Africa, a subsidiary of MMC Inc. listed on the NYSE, where she  
was responsible for the finance function of Marsh in various African countries. 
Her experience also includes three years in Papua New Guinea as a Corporate     
Finance and Recovery manager for PricewaterhouseCoopers.                        
PRETORIA                                                                        
17 May 2011                                                                     
Designated Advisor                                                              
Arcay Moela Sponsors (Pty) Ltd                                                  
Date: 17/05/2011 12:06:01 Supplied by www.sharenet.co.za                     
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