CHANGE TO THE BOARD OF DIRECTORS

Grand Parade Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(a''GPIa'' or a''the companya'')

CHANGE TO THE BOARD OF DIRECTORS

In compliance with section 3.59(b) of the Listings

Requirements   of   the   JSE  Limited   (a''JSE  Listings

Requirementsa''), notification is hereby given that Mr.

Ralph Freese has resigned as non-executive director with
effect from 29 June 2012.


The   board  wishes   to   thank  Mr.   Freese  for   his

contributions during his tenure as non-executive director

of the company and extends its best wishes to him in his
future endeavors.

3 July 2012
Cape Town
Sponsor: PSG Capital (Pty) Limited

Date: 03/07/2012 09:00:00 Supplied by www.sharenet.co.za                     
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