IDE - Ideco Group Limited - Resignation of a director and appointment of

IDE - Ideco Group Limited - Resignation of a director and appointment of        
Mr J A Vorster as a non-executive director                                      
Ideco Group Limited                                                             
Incorporated in the Republic of South Africa                                    
Registration number 2001/023463/06                                              
Share code: IDE                                                                 
ISIN code: ZAE000107579                                                         
("Ideco" or "the company")                                                      
Resignation of a director and appointment of Mr J A Vorster as a non-           
executive director                                                              
In compliance with section 3.59(b) of the JSE Limited Listings                  
Requirements, the board of directors of Ideco ("the board") wishes to           
inform shareholders that Mr Rainer Troester has resigned as director of         
the Company with effect from 28 October 2011.                                   
The chairman wishes to express his gratitude to Mr Troester for his             
contribution to the Company during his term in office. The board wishes         
him all of the best with his future endeavours.                                 
Furthermore, the board is pleased to announce the appointment of Mr Johan       
Vorster as non-executive director with effect from 28 October 2011.             
Mr Vorster is currently the CEO of Cyber Consulting (Pty) Limited.              
His other directorships include Prodiba (Pty) Limited and Afritide              
Systems Group (Pty) Limited.                                                    
He holds a B Eng (Industrial) degree from Pretoria University.                  
Mr Vorster has 25 years experience in information technology services and       
management as well as has valuable experience with the implementation and       
running of large biometric projects.                                            
28 October 2011                                                                 
Bryanston                                                                       
Designated Advisor to the company                                               
QuestCo Sponsors (Pty) Ltd                                                      
Date: 28/10/2011 16:00:02 Supplied by www.sharenet.co.za                     
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