| Mon 2 Aug 2010, 9:16 | | SAP - Valli Moosa to join Sappi Limited board |
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SAP
SAVVI
SAP - Valli Moosa to join Sappi Limited board
Sappi Limited
(Registration number 1936/008963/06)
Issuer Code: SAVVI
JSE Code: SAP
ISIN: ZAE000006284
Media Release
Valli Moosa to join Sappi Limited board
Sappi Limited, the global pulp and paper group, today announced that Mr
Valli Moosa will join the Sappi Limited board with effect from 01 August
2010 as a non-executive director, following the conclusion of Sappi`s R814m
black economic empowerment transaction earlier in 2010.
Mr Moosa is currently the chairman of Lereko Investments, Sappi`s strategic
black economic empowerment partner. He has held numerous leadership
positions across business, government, politics and civil society. To name
but a few, he was for five years South African Minister of Environmental
Affairs and Tourism; for four years the President of the IUCN
(International Union for the Conservation of Nature); and he was a long-
serving National Executive Committee Member of the African National
Congress (ANC). He currently serves as non-executive director of Sanlam
Limited, Imperial Holdings, Anglo Platinum and Sun International, where he
is also the chairman. Mr Moosa holds a BSc (Mathematics) from the
University of Durban-Westville.
Commenting on Mr Moosa`s appointment, Dr Danie Cronje, chairman of Sappi
Limited, said "We are pleased to be able to welcome a person of such high
calibre and broad experience as Valli Moosa to the Board. He brings his
international exposure to environmental matters, his work as a black
economic empowerment entrepreneur in South Africa, and his experience
serving on the boards of significant companies to Sappi. His presence on
the Sappi Board also further strengthens the relationship between Sappi and
Lereko Investments, our strategic partner."
02 August 2010
END
NOTE TO EDITORS:
Additional information on Mr Mohammed Valli Moosa:
CURRENT POSITIONS:
Chairman of Lereko Investments
Chairman and Non-Executive Director of Sun International
Non-Executive Director of Sanlam Ltd
Non-Executive Director of Imperial Holdings
Non-Executive Director of Anglo Platinum
Member of Auditor-General`s Advisory Board
PREVIOUS POSITIONS (ABRIDGED):
Member of the International Marketing Council
2005-2008 Non-Executive Chairman of Eskom
2004-2008 President of the IUCN (International Union for the Conservation
of Nature)
2004-2005 Non-Executive Director of South African Airways
2002-2003 Chairperson of the UN Commission on Sustainable Development
1999-2004 Member of the Board of the Business Trust
1999-2004 Minister of Environmental Affairs and Tourism
1996-1999 Minister of Constitutional Development
1994-1996 Deputy Minister of Constitutional Development
1994-2004 Member of the South African Parliament
For further information:
Andre F Oberholzer
Group Head Corporate Affairs
Sappi Limited (Reg No 1936/008963/06)
Tel +27 (0)11 407 8044
Fax +27 (0)11 403 8236
Mobile +27 (0)83 235 2973
Andre.Oberholzer.sappi.com
Date: 02/08/2010 09:16:01 Produced by the JSE SENS Department.
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