MTL - Mercantile Bank Holdings Limited - Appointment of deputy CEO

MTL - Mercantile Bank Holdings Limited - Appointment of deputy CEO              
Mercantile Bank Holdings Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1989/000164/06)                                            
Share code: MTL      ISIN: ZAE000064721                                         
("Mercantile" or "the Group")                                                   
APPOINTMENT OF DEPUTY CEO                                                       
In compliance with section 3.59(a) of the Listings Requirements of the JSE      
Limited ("Listings Requirements"), shareholders are hereby notified that Mr Karl
Kumbier, Executive Director Finance and Business, has been appointed as Deputy  
CEO of Mercantile with effect from 1 April 2012. Mr Kumbier will continue to    
perform the duties of executive financial director as required by section       
3.84(g) of the Listings Requirements.                                           
Johannesburg                                                                    
23 March 2012                                                                   
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 23/03/2012 12:59:01 Supplied by www.sharenet.co.za                     
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