| Mon 24 May 2010, 14:00 | | KEL - Kelly Group Limited - Kelly Group gets AAA rating from Empowerdex |
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KEL
KEL
KEL - Kelly Group Limited - Kelly Group gets AAA rating from Empowerdex
KELLY GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/026249/06)
(Share code: KEL)
(ISIN: ZAE000093373)
("Kelly Group" or "the company")
KELLY GROUP GETS AAA RATING FROM EMPOWERDEX
Johannesburg, 24 May 2010 - The Kelly Group has been awarded an AAA rating by
Empowerdex, the independent BEE rating agency.
The rating makes the Kelly Group a level 2 contributor to meaningful broad-based
empowerment in South Africa and the company is considered to be more than fully
compliant with the BEE Codes. In addition, clients of the Kelly Group can claim
125% of their procurement with the company in their own BEE credentials.
The high rating was attributable to the Kelly Group`s 32.6% black ownership (an
A-score) as well as its skills development, preferential procurement, enterprise
development and socio-economic development which all received full marks and A-
scores. Management and control and employment equity were rewarded with B-
scores. In total, the Kelly Group received an overall 88.75 out of a possible
100.
"We are very pleased by this objective measurement of the significant progress
we`ve made on the empowerment front. However, we`re far from complacent about
our BEE credentials and it remains a high priority to find more ways of
enhancing our transformation efforts and keeping us in the forefront of
transformation in the industry," said Grenville Wilson, chief executive.
For further information call Grenville Wilson, CEO Kelly Group, on 011 722 8009
Issued by du Plessis Associates on behalf of Kelly Group Limited dPA contact
Helen McKane Tel : +27 11 728 4701, Fax: +27 11 728 2547, Mobile: 082 330 2034
or e-mail: kellygroup@dpapr.com website : www.kellygroup.co.za
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 24/05/2010 14:00:01 Produced by the JSE SENS Department.
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