Reconstitution of Board of Directors

Beige Holdings Limited

      (Incorporated in the Republic of South Africa)
             (Registration No: 1997/006871/06)
          Share code: BEG ISIN code: ZAE000034161
         Share code: BEGP2 ISIN code: ZAE000154787
                 ("Beige" or "the Company")


         RECONSTITUTION OF THE BOARD OF DIRECTORS



Shareholders are advised that following the change in

control of the Company to The Lion Match Company (Pty) Ltd

(a''Lion Matcha''), the board of directors of Beige has been

restructured in order to accommodate the appointment of
additional directors nominated by Lion Match.


In line with this, Messrs M Fandeso, MM du Preez and

AP Du Preez (alternate to MM Du Preez) and Ms L Gadd

resigned from the board with effect from 27 June 2012. The

board is extremely grateful to these directors for their

principled leadership and wise counsel over the years and
wishes them well in their future endeavours.


Also with effect from 27 June 2012, Messrs AH Trikamjee,

AGS Osman, AMI Abdoola, A Heeralal, NMI Abdoola and

C De Jager have been appointed to the board as non-

executive directors, whilst Mr G Wade has been appointed to

the board in an executive capacity.  The board welcomes

these directors to the Company and looks forward to working

with them as the Company moves into this new phase of its
development.

Johannesburg
2 July 2012


Designated Advisor
Arcay Moela Sponsors (Pty) Ltd
(Registration number 2006/033725/07)

Date: 02/07/2012 12:38:00 Supplied by www.sharenet.co.za                     
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