MMG - MICROmega Holdings Limited - Appointment and
MMG
MMG
MMG - MICROmega Holdings Limited - Appointment and Resignation of Auditors
MICROmega HOLDINGS LIMITED
(Registration number 1998/003821/06)
(Incorporated in the Republic of South Africa)
ISIN code: ZAE000034435 Share code: MMG
("MICROmega" or "the Group")
APPOINTMENT AND RESIGNATION OF AUDITORS
In terms of paragraph 3.75 of the Listing Requirements of the JSE Limited,
shareholders are advised of the following changes to the company`s auditors:
New Appointment:
MICROmega is pleased to announce the appointment of KPMG Inc as auditors of the
group with effect from the date of release of the 2006 Annual Report. The need
to engage the services of one of the major auditing practices is a direct result
of the growth the group has enjoyed over the past twelve months.
"Whilst we have been very satisfied with the services provided by our previous
auditors RW Irish-Alliott Inc we have been under increasing pressure by
institutional investors to engage one of the major firms. We believe the time is
now right, given the groups recent acquisitions and anticipated growth to make
delivery on our commitment to these institutions, stated Greg Morris Chairman of
MICROmega.
Resignation:
R W Irish-Alliott Inc has resigned as auditor with effect from the date of
release of the 2006 Annual Report. MICROmega would like to thank R W Irish-
Alliott Inc for their support and contribution over the last eight years.
Sandton
12 June 2007
Sponsor
Investec Bank Limited
Date: 13/06/2007 09:05:12 Produced by the JSE SENS Department.
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