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Tue 24 Aug 2010, 17:42 KDV - Kaydav Group Limited - Resignation of directors
KDV
KDV                                                                             
KDV - Kaydav Group Limited - Resignation of directors                           
KAYDAV GROUP LIMITED                                                            
Incorporated in the Republic of South Africa                                    
(Registration number 2006/038698/06)                                            
JSE code: KDV & ISIN: ZAE000108940                                              
("KayDav" or "the company")                                                     
RESIGNATION OF DIRECTORS                                                        
The company decided to restructure the board so as to achieve a balance         
between executive and non executive directors.                                  
As a result, the company advises shareholders that Jay Michael Katz and         
Geoffrey Davidson resigned as executive directors on 23 August 2010.            
Jay Michael Katz will remain in an executive management capacity at             
KayDav operating subsidiary KayDav Industries (Pty) Ltd, while Geoffrey         
Davidson will continue in a consulting and business development                 
capacity.                                                                       
The board of KayDav wishes to thank them both for their contribution as         
directors of KayDav Group Limited.                                              
24 August 2010                                                                  
Sponsor                                                                         
Java Capital                                                                    
Date: 24/08/2010 17:42:01 Produced by the JSE SENS Department.                  
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