AHL - AH-VEST Limited - Appointment to the board of directors

AHL - AH-VEST Limited - Appointment to the board of directors                   
AH-VEST LIMITED                                                                 
("AH-Vest" or "the Company")                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1989/000100/06)                                            
Share code: AHL       ISIN code: ZAE000129177                                   
APPOINTMENT TO THE BOARD OF DIRECTORS                                           
In compliance with section 3.59(c) of the Listings Requirements of the JSE      
Limited, shareholders are advised that Mr Sanjay Paramanand Soni has been       
appointed as an independent non-executive director of the Company with effect   
from 29 February 2012.                                                          
Sanjay graduated from the University of Natal - Durban in 1992 where he obtained
his B.Comm degree.  He subsequently qualified as a Chartered Accountant CA (SA).
Sanjay is a member of SAICA, the Institute of Directors, a mentor with SAICA for
SAICA`s BEI program (2010), a past member of the Association for the Advancement
of Black Accountants (ABASA) and also past Treasurer and National Board Member  
of ABASA.                                                                       
Between 1994 and 1998, Sanjay was an audit trainee and later became an audit    
manager at MSGM Masuku Jeena (KZN) Inc (now part of PricewaterhouseCoopers).    
From 1998 to 2000 he was an audit manager with Ernst & Young (KZN) and between  
2000 and 2002 head of Corporate Finance at Ernst & Young KZN. He was appointed a
director of Ernst & Young Corporate Finance Johannesburg in 2002 and held that  
position till 2005. In January 2006, Sanjay was appointed Chief Executive       
Officer of Harvey World Travel, Woodmead - a position which he held until 2008. 
In 2009 he joined Spartan Technology Rentals (Pty) Ltd - a specialist IT leasing
finance business to the established SME segment and held the position of Head of
Operations till 2011. Currently he is an executive director of Emerge Capital   
(Pty) Limited - a niche investment and advisory business.                       
Johannesburg                                                                    
29 February 2012                                                                
Designated Advisor                                                              
Arcay Moela Sponsors (Pty) Ltd                                                  
Date: 29/02/2012 13:30:01 Supplied by www.sharenet.co.za                     
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