KIO - Kumba - Kumba Iron Ore : Proceedings in relation to the Residual Sishen
KIO
KIO
KIO - Kumba - Kumba Iron Ore : Proceedings in relation to the Residual Sishen
Mine Mineral Rights
Kumba Iron Ore Limited
A member of the Anglo American plc group
Incorporated in the Republic of South Africa)
Registration number 2005/015852/06)
JSE Share code: KIO
ISIN: ZAE000085346
("Kumba")
KUMBA IRON ORE LIMITED: PROCEEDINGS IN RELATION TO THE RESIDUAL SISHEN MINE
MINERAL RIGHTS
Shareholders are advised that the Chairman of the Board of Kumba Iron Ore
Limited, Mr. Lazarus Zim, has formally recused himself from participating as a
Board member in any proceedings in relation to the residual Sishen Mine Mineral
Rights. Mr. Zim had offered to recuse himself on a number of previous occasions
but the Board requested that he continue to play an active role in the process.
The Chairman considers that, as a matter of principle, and for the avoidance of
doubt as to the integrity of the processes that are currently underway, it is in
the best interests of the company and its shareholders that he recuse himself
from these processes with immediate effect. Mr. Zim will continue to serve as
Chairman of the Board and to lead all other Board matters.
25 June 2010
For more information contact:
Anne Dunn
Tel.: +27 (0)11 502 7404 / +27 (0)82 448 2684
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 25/06/2010 16:20:03 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
