VMK - Verimark - Appointment of Independent Non-executive Director

VMK - Verimark - Appointment of Independent Non-executive Director              
Verimark Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
Registration number:  1998/006957/06                                            
Share Code:  VMK                                                                
ISIN Code:  ZAE000068011                                                        
("Verimark")                                                                    
APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR                               
In compliance with paragraph 3.59(a) of the Listings Requirements of the JSE    
Limited, the Board of Directors of Verimark ("Board") is pleased to announce    
that Mr Mitesh Patel has been appointed as an Independent Non-Executive Director
of the Board with effect from Monday 28 May 2012.  He has further been appointed
as Chairman of the Social, Ethics and Transformation Committee and his election 
as a member of the Audit and Risk Committee will further be proposed at the     
forthcoming Annual General Meeting.                                             
Mitesh, currently the Managing Partner of Nkonki Incorporated, holds a Bcompt   
Honours and is a qualified Chartered Accountant.                                
He serves as Chairman of the Audit and Risk Committees of Stratcorp Empowerment 
Investments, Stratcorp Limited and Skinwell Limited.  He further serves as the  
Board Chairman of African Cellular Towers Limited and Wearne Limited.           
Mitesh is a member of the South African Institute of Chartered Accountants,     
Independent Regulatory Board of Auditors, Institute of Internal Auditors and the
Institute of Directors                                                          
The Chairman and the Board welcomes Mitesh Patel to the Board.                  
29 May 2012                                                                     
Sponsor                                                                         
Grindrod Bank Limited                                                           
Date: 29/05/2012 16:00:01 Supplied by www.sharenet.co.za                     
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