MCU - M Cubed Holdings Limited - Appointment of independent Non-Executive

MCU - M Cubed Holdings Limited - Appointment of independent Non-Executive       
Director                                                                        
M Cubed Holdings Limited                                                        
Incorporated in the Republic of South Africa                                    
(Registration number: 1998/014568/06)                                           
Share code: MCU                                                                 
ISIN:ZAE000033353                                                               
("m Cubed" or "the Company")                                                    
APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR                               
In accordance with paragraph 3.59(a) of the Listings Requirements of the JSE    
Limited, shareholders of the Company are hereby advised that Mr. Sandile Swana  
("Mr. Swana") has been appointed as an independent non-executive director of m  
Cubed and member of the Company`s remuneration and audit and risk committees    
with effect from Wednesday, 1 February 2012.                                    
Mr. Swana is a director of Convergenet Holdings Limited and Gold One            
International Limited and a number of other companies.He is the chairman of the 
audit committees of ICASA and the Gariep Municipality.He is also the financial  
director of Sable Data Works (Pty) Ltd. His experience covers virtually all     
disciplines of management and leadership, having worked for multi-nationals and 
private companies including:  Anglo American, New York Times, Caltex Oil and The
Don Suite Hotels and also acting as non-executive director of several JSE listed
companies.  Mr. Swana has prepared and presented conference papers to Supply    
Chain conferences internationally under the professional association SAPICS.    
He also lectures part-time at Wits Business School on Risk Management.          
The board welcomes the appointment of Mr.Swana as director of m Cubed and looks 
forward to his valued contributions.                                            
Cape Town                                                                       
2 February 2012                                                                 
Sponsor: PSG Capital                                                            
Date: 02/02/2012 14:39:13 Supplied by www.sharenet.co.za                     
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