FGL - Finbond Group Limited - Resignation of a director

FGL - Finbond Group Limited - Resignation of a director                         
Finbond Group Limited                                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2001/015761/06)                                           
Share code: FGL ISIN: ZAE000138095                                              
("Finbond" or "the Company")                                                    
RESIGNATION OF A DIRECTOR                                                       
In terms of paragraph 3.59 of the JSE Limited Listings Requirements,            
Finbond wishes to advise shareholders of the resignation of Mr Paul             
Mavrothalassitis, as an executive director of the Company, with immediate       
effect.                                                                         
Following the departure of Mr Mavrothalassitis from the Company, the board      
of Finbond will be comprised of a majority of non-executive directors, in       
compliance with the King Code of Governance Principles.                         
Pretoria                                                                        
29 February 2012                                                                
DESIGNATED ADVISOR:                                                             
GRINDROD BANK LIMITED                                                           
Date: 29/02/2012 16:39:20 Supplied by www.sharenet.co.za                     
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