MNY - Moneyweb Holdings Limited - Changes to the board of directors

MNY - Moneyweb Holdings Limited - Changes to the board of directors             
MONEYWEB HOLDINGS LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/025067/06)                                            
JSE code: MNY                                                                   
ISIN: ZAE000025409                                                              
("the company")                                                                 
CHANGES TO THE BOARD OF DIRECTORS                                               
Following a meeting of the board of directors held on 14 March 2012, the        
board hereby announces the following changes to its composition with            
immediate effect as required in terms of section 3.59 of the JSE Listings       
Requirements:.                                                                  
Mr L Sipoyo, currently a non-executive director, is appointed to the audit      
committee and Mr P Greyling, currently a non-executive director resigns as a    
member of the audit committee but remains a member of the board.                
Mr A Smith, the current CEO and chairman of the board has resigned as           
chairman and Mr PM Jenkins is appointed as chairman to the board. Mr P          
Jenkins hols a BCom and LLB degree from the University of Johannesburg          
(previously known as RAU) and was admitted as an attorney and notary. He        
previously was a partner of Webber Wentzel and currently serves as a director   
of numerous listed companies. He is self-employed and provides business and     
legal advisory services to a select group of clients therefore bringing a       
wealth of experience to Moneyweb.                                               
Johannesburg                                                                    
15 March 2012                                                                   
Designated Adviser                                                              
Vunani Corporate Finance                                                        
Date: 15/03/2012 15:52:01 Supplied by www.sharenet.co.za                     
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