MCU - m Cubed Holdings Limited - Appointment of independent non-executive

MCU - m Cubed Holdings Limited - Appointment of independent non-executive       
director                                                                        
m Cubed Holdings Limited                                                        
Incorporated in the Republic of South Africa                                    
(Registration number: 1998/014568/06)                                           
Share code: MCU                                                                 
ISIN: ZAE000033353                                                              
("m Cubed" or "the Company")                                                    
APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR                               
In accordance with rules 3.59(a) of the Listings Requirements of the JSE        
Limited, shareholders of the Company are hereby advised that Mr. Cedric         
Greenwood ("Cedric"), has been appointed as an independent non-executive        
director of m Cubed and member of the Company`s audit and risk committee with   
immediate effect.                                                               
Cedric is a law graduate from the University of Rhodesia (1977 to 1979) and     
completed his MBA at WITS Graduate School of Business (1982 to 1984). His       
commercial work experience has been primarily focused in the banking and        
financial services industry. He has extensive experience in the areas of Asset  
Based Finance, Structured Debt Finance and Private Equity Transactions. Cedric  
has established Joint Finance Companies (JFC`s) for and on behalf of several    
listed companies. He has been involved in the establishment and operation of    
property bridge finance companies for several years and has an intimate         
knowledge of this market. He is currently involved with several alternative     
energy initiatives.                                                             
The board welcomes the appointment of Cedric as director of m Cubed and looks   
forward to his valued contributions.                                            
Cape Town                                                                       
27 June 2011                                                                    
Sponsor: PSG Capital                                                            
Date: 27/06/2011 16:42:01 Supplied by www.sharenet.co.za                     
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