IQG - IQuad Group Limited - Appointment of PSG Capital (PTY) Limited ("PSG

IQG - IQuad Group Limited - Appointment of PSG Capital (PTY) Limited ("PSG      
Capital") as Designated Adviser to Iquad                                        
IQuad Group Limited                                                             
Incorporated in the Republic of South Africa                                    
Registration Number 2004/025177/06                                              
Share Code: IQG ISIN: ZAE000101622                                              
("IQuad" or "the Company")                                                      
APPOINTMENT OF PSG CAPITAL (PTY) LIMITED ("PSG Capital") AS DESIGNATED ADVISER  
TO IQUAD                                                                        
Shareholders are hereby advised that Sasfin Capital (a Division of Sasfin Bank  
Limited) ("Sasfin") has resigned as Designated Adviser of IQuad. The reason for 
the resignation was due to the fact that Sasfin holds more than 20% of the      
issued ordinary share capital of the Company. As a result of the aforementioned 
shareholding in Iquad, Sasfin could no longer act as Designated Adviser to the  
Company, as stipulated in terms of paragraph 21.26 of the Listings Requirements 
of the JSE Limited.                                                             
Further to the above, the board of directors of IQuad has resolved to appoint   
PSG Capital as Designated Adviser to IQuad with immediate effect.               
21 February 2012                                                                
Port Elizabeth                                                                  
Designated Adviser                                                              
PSG Capital                                                                     
Date: 21/02/2012 15:48:01 Supplied by www.sharenet.co.za                     
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