PSV - PSV Holdings Limited - Appointment of independent non-executive

PSV - PSV Holdings Limited - Appointment of independent non-executive           
directors                                                                       
PSV HOLDINGS LIMITED                                                            
Incorporated in the Republic of South Africa                                    
(Registration number 1998/004365/06)                                            
JSE code: PSV  ISIN: ZAE000078705                                               
("PSV" or "the Company")                                                        
APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS                              
The board is pleased to announce the appointment of two independent non-        
executive directors to the PSV Holdings Board and as members of the             
audit and risk committees with immediate effect.                                
RALPH PATMORE                                                                   
Ralph Patmore (BCom) co-founded Iliad Africa in 1998 and was the CEO            
until 2008.  He currently serves as a non-executive director on the             
boards various companies.                                                       
ANTHONY DE LA RUE                                                               
Anthony de la Rue is a Chartered Accountant who was previously the CEO          
for Ernst & Young Zimbabwe and served on their Global Practice Council          
prior to his retirement in 2004. He is currently a non-executive                
director on the boards of various companies.                                    
Germiston                                                                       
8 November 2011                                                                 
Designated Adviser                                                              
Merchantec Capital                                                              
Date: 08/11/2011 12:49:01 Supplied by www.sharenet.co.za                     
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