MCU - m Cubed - Changes to the board of directors of M Cubed

MCU
MCU                                                                             
MCU - m Cubed - Changes to the board of directors of M Cubed                    
M Cubed Holdings Limited                                                        
(Incorporated in the Republic of South Africa)                                  
Registration number: 1998/014568/06                                             
Share code: MCU     ISIN: ZAE000033353                                          
("m Cubed" or "the Company")                                                    
CHANGES TO THE BOARD OF DIRECTORS OF M CUBED                                    
Shareholders are advised, in terms of rule 3.59 of the Listings Requirements    
of the JSE Limited, of the following changes to the board of directors of the   
Company:                                                                        
Resignation:                                                                    
Mr. J De Vos Du Toit 
("Jaap") has resigned as non-executive director and        
chairman of the Company and all of its subsidiaries, with immediate effect.     
Jaap was initially nominated by PSG Group Limited as a director to the board    
of the Company.                                                                 
Appointment:                                                                    
Mr. CA Otto ("Chris") has been appointed as non-executive director of the       
Company, with immediate effect. The board of directors has also elected Chris   
as the new chairman of the Company. He is inter alia a non-executive director   
of PSG Group Limited, Capitec Bank Holdings Limited and Zeder Investments       
Limited.                                                                        
11 March 2010                                                                   
Stellenbosch                                                                    
Sponsor                                          
                               
PSG Capital (Pty) Limited                                                       
Date: 11/03/2010 13:47:01 Produced by the JSE SENS Department.                  
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