Fairvest Property Holdings Ltd. announced that non-executive director and Chairman Mr. Jacques Du Toit has resigned from the Company's audit and risk committee and that independent non-executive director Ms Keneilwe Moloko has been appointed to the audit and risk committee of the Company. The effective date of the aforementioned change is 6 February 2013. She serves as an independent non-executive director of KWV Holdings and Prescient Limited.

She also serves on the audit committee of the City of Cape Town, Cape Retirement Fund, Department of Rural Development and Department of Justice and Constitutional Development.