Decillion Limited - Further Information Relating T
Structured Products Sales Team Members
Decillion Limited
("Decillion")
(Incorporated in the Republic of South Africa)
Registration number 1998/011692/06
Share code: DEC ISIN: ZAE000017612
("Decillion")
FURTHER INFORMATION RELATING TO THE RESIGNATION OF STRUCTURED PRODUCTS SALES
TEAM MEMBERS
Following the departure of the Structured Products Transactors, Alwyn Smit,
Decillion Managing Director, stated that: "We hope to have replaced this
source of revenue by the third and fourth quarter of this year."
"Obviously the first and second quarter will be more difficult for us,
however, the business is very diversified and this was only one of seventeen
profit centers in the group. The impact will not be meaningful enough to
seriously derail any of our strategic plans and fortunately I anticipate the
growth in other areas will make up for the loss of revenue from the
structured products area in the first three quarters."
Johannesburg
18 February 2002
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