LBH - Liberty Holdings - Resignation of a director

LBH - Liberty Holdings - Resignation of a director                              
LIBERTY HOLDINGS LIMITED                                                        
Incorporated in the Republic of South Africa                                    
Registration number 1968/002095/06                                              
("Liberty Holdings")                                                            
Alpha Code LBH                                                                  
ISIN code: ZAE000127148                                                         
CHANGES IN DIRECTORATE                                                          
In compliance with rule 3.59 of the JSE Listings Requirements, Liberty Holdings 
hereby announces that Professor Leila Patel resigned as a director of the board 
of Liberty Holdings ("Board"), effective from 18 May 2012, for personal reasons.
The Board would like to thank Professor Patel for her significant contribution  
to the group during the period she served on the board.                         
23 May 2012                                                                     
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 23/05/2012 13:38:01 Supplied by www.sharenet.co.za                     
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