African Media Entertainment Limited
(Incorporated in the Republic of South Africa)
Registration number 1926/008797/06)
("AME")
FORMAL PRESS RELEASE
African Media Entertainment Limited ("AME"), today announced that John
Rennison, chief executive officer, has resigned and will be replaced by Nick
Buick as of 9 April 2001. Nick is a CA with extensive local and international
financial experience, and was most recently the managing director of Honeywell
Southern Africa (Pty) Limited. John, who is returning to London, will continue
to be available to the group until the end of June 2001. The move had always
been expected as John was appointed as a turnaround specialist with the aim of
bringing stability to the group. This done, he feels it is an appropriate time
to hand over the reins to a permanent chief executive officer to lead the group
forward.
9 April 2001
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