BFS - Blue - Change to the board of directors

BFS - Blue - Change to the board of directors                                   
BLUE FINANCIAL SERVICES LIMITED                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration Number:  1996/006595/06)                                          
JSE Code:  BFS      ISIN:  ZAE000083655                                         
("Blue" or "the Company")                                                       
CHANGE TO THE BOARD OF DIRECTORS                                                
In compliance with section 3.59(c) of the Listings Requirements of the JSE      
Limited, the Board of Directors ("the Board") of Blue wish to inform            
shareholders that, with immediate effect, the designation of Mr. Timothy L. Till
has changed from an independent non-executive director to that of a non-        
executive director.                                                             
Mr. Till has consulted for the Company in an advisory capacity and this has     
affected his independence.                                                      
Johannesburg                                                                    
28 October 2011                                                                 
Designated Advisor                                                              
Grindrod Bank Limited                                                           
Date: 28/10/2011 17:00:01 Supplied by www.sharenet.co.za                     
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