NTC - Netcare - Resignation and Appointment of Aud
NTC
NTC
NTC - Netcare - Resignation and Appointment of Auditors
NETWORK HEALTHCARE HOLDINGS LIMITED
(Registration number 1996/008242/06)
Code: NTC
ISIN number: ZAE000011953
("Netcare" or "the Group")
Resignation and Appointment 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.
Netcare`s present joint auditors are Grant Thornton and PKF (Jhb) Inc. The
predecessor firm of PKF (Jhb) Inc was the sole auditor of Netcare until the
financial year ended 30 September 1999. The predecessor firm of Grant
Thornton was appointed as joint auditor of Netcare with effect from the
financial year ended 30 September 2000. In light of the general trend of
companies moving away from joint auditor appointments, the Board of Netcare
has resolved to implement a sole auditor appointment for the Company.
Accordingly, PKF (Jhb) Inc. has resigned as joint auditor with effect from
the date of release of the 2006 Annual Report. Netcare would like to thank
PKF (Jhb) Inc and their predecessor firms for their support and contribution
to the Netcare Group since its listing in December 1996.
Further to the above, Grant Thornton will be appointed as auditors of the
Company with effect from the date of release of the 2006 Annual Report.
PETER NELSON
CFO
Tel No: (011) 301-0000
21 August 2007
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 21/08/2007 17:30:59 Produced by the JSE SENS Department.
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