OLI - O-line Holdings Limited - Resignation of a director

OLI - O-line Holdings Limited - Resignation of a director                       
O-line Holdings Limited                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/034685/06)                                            
Share code: OLI                                                                 
ISIN: ZAE000110730                                                              
("O-line" or "the Company")                                                     
Resignation of a director                                                       
In compliance with section 3.59(b) of the JSE Limited Listings Requirements,    
the board of directors of O-line ("the board") wishes to inform shareholders    
that Mr David Adomakoh has resigned as a director of the Company with effect    
from 18 August 2011.                                                            
David`s resignation is as a result of his decision to relocate to Ghana.        
The board wishes to express its gratitude and thank David for his dedication,   
commitment and invaluable contribution to the Company and the board during      
his tenure with the Company and wish him all the best with his future           
endeavours.                                                                     
24 August 2011                                                                  
Johannesburg                                                                    
Designated advisor                                                              
QuestCo Sponsors (Pty) Limited                                                  
Date: 24/08/2011 09:50:30 Supplied by www.sharenet.co.za                     
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