CRG - Cargo Carriers Limited - Resignation of independent non-executive director

CRG - Cargo Carriers Limited - Resignation of independent non-executive director
CARGO CARRIERS LIMITED                                                          
(Registration Number 1959/003254/06)                                            
Share code: CRG                                                                 
ISIN: ZAE000001764                                                              
("Cargo Carriers" or "the Company")                                             
RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR                               
In compliance with section 3.59 of the JSE Listings Requirements, shareholders  
are advised that Mr Vincent Raseroka has resigned as an independent non-        
executive director of Cargo Carriers with immediate effect.                     
Mr Raseroka`s resignation is as a result of a potential conflict of interest    
arising out of his other business commitments and the Board has accordingly     
accepted his resignation with regret and expressed its gratitude for his        
valuable contribution as a director of the Company.                             
Johannesburg                                                                    
17 October 2011                                                                 
Sponsor                                                                         
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 17/10/2011 16:20:02 Supplied by www.sharenet.co.za                     
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