(Incorporated in the Republic of South Africa)
(Registration number 1998/012784/06)
("Crux" or "the company")
Share code : CRX
ISIN code : ZAE000015855
ANNOUNCEMENT
The company hereby announces the following changes in its directorship:
S Kekana has been appointed as CEO with effect from 11th January 2002. Mr
Kekana was appointed to the Board in July 1998 and replaces G Foster who has
resigned from the Board as well as from the position of CEO.
B Kent has resigned from the Board.
K McCrindle has been appointed to the Board in the position of Financial
Director.
Z M Zafiropoulos and W Cloete have been appointed as executive members of
the Board. Collectively they have 30 years of experience on the information
technology industry.
A further two non executive directors will be appointed to the Board and
will represent the interests of Brait Merchant Bank Limited and Mercantile
Bank Limited respectively
Ends
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