SOH - South Ocean Holdings Limited - Change in directorate

SOH - South Ocean Holdings Limited - Change in directorate                      
South Ocean Holdings Limited ("SOH")                                            
(Incorporated in the Republic of South Africa)                                  
Registration number 2007/002381/06                                              
ISIN: ZAE000092748                                                              
JSE Share code:  SOH                                                            
Change in Directorate                                                           
Mr. Edward Pan has decided to relinquish his role as the Chief Executive Officer
of SOH with effect 1 July 2011. Mr Paul Ferreira will be appointed an executive 
director and the Chief Executive Officer in place of Mr. Pan from the same date.
Mr. Pan will remain an executive director until 30 September 2011 and during    
that period will hand over his responsibilities to Mr. Ferreira. Mr. Ferreira is
currently the Chief Operating Officer of SOH and has been employed by the SOH   
group since 1999.                                                               
Mr. Pan will retire with effect from 1 October 2011 and has agreed to remain on 
the Board of SOH as a non executive director and assume the role of Deputy Vice 
Chairman. This will ensure that the skills and knowledge that Mr. Pan has gained
over many years in the industry will be accessible to SOH.                      
Johannesburg                                                                    
2 June 2011.                                                                    
Sponsor: Investec Bank Limited                                                  
Date: 02/06/2011 16:40:01 Supplied by www.sharenet.co.za                     
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