CSB - Cashbuild Limited - Appointment of Chief Executive

CSB - Cashbuild Limited - Appointment of Chief Executive                        
Cashbuild Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1986/001503/06)                                            
Share code: CSB     ISIN: ZAE000028320                                          
("Cashbuild")                                                                   
Appointment of Chief Executive                                                  
Cashbuild shareholders are referred to an announcement released on 23 November  
2009 informing them of Mr Pat Goldrick`s intention to retire as Chief Executive 
of Cashbuild in 2012.                                                           
The board of directors of Cashbuild ("the board") is delighted to announce that 
after a comprehensive selection process, comprising both internal and external  
candidates, Mr Werner de Jager, has been appointed as Chief Executive to the    
board, with effect from 01 March 2012, being Mr Goldrick`s retirement date.     
Mr de Jager was initially appointed as Financial Director to the board on 1     
December 2004 and on 1 March 2011, was appointed as Director of Marketing &     
Procurement.  Mr de Jager has gained in-depth knowledge and understanding of    
Cashbuild`s business in his various roles and the board is confident that Mr de 
Jager will provide excellent leadership to Cashbuild in his new position.       
Johannesburg                                                                    
15 November 2011                                                                
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 15/11/2011 10:30:01 Supplied by www.sharenet.co.za                     
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