MNY - Moneyweb Holdings Limited - Media Announcement 30 March 2012

MNY - Moneyweb Holdings Limited - Media Announcement 30 March 2012              
MONEYWEB HOLDINGS LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/025067/06)                                            
JSE code: MNY                                                                   
ISIN: ZAE000025409                                                              
("the company")                                                                 
MEDIA ANNOUNCEMENT 30 MARCH 2012                                                
The board of Moneyweb Holdings has resolved to restructure its executive        
management.                                                                     
As from April 1, the founder of the business, Alec Hogg, will be re-appointed   
CEO, a position he held from inception in 1997 until 2010. Current CEO Andrew   
Smith will remain an executive director of the company until 30 June, 2012. Dr  
Smith, who is based abroad, has been involved with Moneyweb since its listing in
1999, for most of the period as non-executive chairman. In the past two years he
fulfilled a valuable role, during which time the company substantially refocused
and increased the scale and depth of its platforms and turnover, particularly   
following the successful launch of looklocal.                                   
Current financial director John Donnelly, who also resides abroad, has played an
important stabilisation role. He will relinquish his duties on June 30, 2012 in 
favour of a locally-based financial director who will be appointed at that time.
The directors of Moneyweb wish to express their sincere appreciation for the    
invaluable contribution of Dr Smith and Mr Donnelly.                            
Designated Adviser                                                              
Vunani Corporate Finance                                                        
Date: 30/03/2012 12:21:00 Supplied by www.sharenet.co.za                     
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