Paul Barnard Resigns As Director JSE Securities Exchange South Africa

The JSE Securities Exchange South Africa (JSE) announces that Paul Barnard today resigned as a director of JSE. Mr. Barnard has been a director of the JSE since December 2000, when it restructured its Board.

Mr. Barnard is now a resident in the U.K.

Mr. Humphrey Borkum Chairman of the JSE said that Mr. Barnard, a long-standing member of the broking community, had made a valuable contribution to both the institution and the Board over the years.