BVT - Bidvest - Fire At Island View Storage Durban
BVT
BVT
BVT - Bidvest - Fire At Island View Storage Durban
The Bidvest Group Limited
Incorporated in the Republic of South Africa
Registration number 1946/021180/06
Share code: BVT
ISIN: ZAE000050449
("Bidvest")
FIRE AT ISLAND VIEW STORAGE DURBAN
Island View Storage, ("IVS") a division of Bidvest reports that a fire
broke out at one of its Durban chemical storage facilities at
approximately 7.00 pm last night, 18 September 2007. One person is
believed to be missing.
Approximately 3% of its Durban storage capacity has been damaged, the
replacement of which is comprehensively insured. The financial losses
are not expected to be significant.
Congratulations are due to the Fire Department of Durban and other
emergency response teams, the Transnet National Ports Authority as well
as IVS employees, all of whom acted courageously in containing the
potential losses. The cause of the fire is being investigated. The
environmental after effects of the fire are currently urgently being
assessed.
By order of the board
September 19 2007
Sponsors:
Investec Bank Limited Deutsche Securities (Pty) Limited
Date: 19/09/2007 11:19:28 Produced by the JSE SENS Department.
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