| Thu 28 Mar 2002, 0:00 | | Mih Holdings Limited |
|
(Incorporated in the Republic of South Africa)
(Registration number 1993/005613/06)
(MIHH or the company)
(Share Code: MHH)
(ISIN Code: ZAE000018941)
MIH Limited (NASDAQ & Euronext Amsterdam : MIHL), the Subscriber Platforms
and supporting Technologies Group, today announced that Antonie Roux has
been appointed to the MIHL Board of Directors, replacing Hans Hawinkels who
has resigned as a director.
Antonie, who was recently appointed CEO of the Group's Internet Operations,
has over 20 years media experience which enabled him to lead the group's
South African internet operations to market leadership. Roux was also a
founder member of the pay-TV channel, M-Net, in 1985 and has assisted with
many business development initiatives within the Group over the past 17
years.
About MIH Limited:
The Group's activities are focussed on subscriber platforms providing
subscription, television and internet services to over 2 million paying
subscribers in Africa, the Mediterranean and Asia. 59% of its subscriber
base consists of digital subscribers. Across its platforms MIH has secured
long-term rights to premium movies, major sporting events and popular
children's programming, all of which are tailored for the local market. The
television platforms also provide a range of interactive services such as
online games, shopping, banking and on-demand information. MIH has a holding
in QQ, the most pervasive instant-messaging platform in China.
Supporting its subscriber platforms, MIH's technologies, including OpenTV,
Irdeto Access and Mindport, provide interactive, encryption, customer care
and billing and other related services to channel and platform operators
worldwide. OpenTV builds a complete software and infrastructure platform
that enables digital interactive television and brings on-demand content to
other digital communications devices. OpenTV's software has been shipped
with or installed in more than 23.5 million digital set-top boxes worldwide
and has been selected by 50 digital cable, satellite and terrestrial
communications networks in over 50 countries.
Disclaimer: This news release contains "forward-looking statements". These
forward-looking statements are subject to a number of risks and
uncertainties that could cause MIH Limited's actual results to differ
materially from those contemplated herein, including but not limited to, the
risk factors detailed in our Annual Report on Form 20-F and other reports
filed from time to time by MIH Limited with the Securities and Exchange
Commission. MIH Limited undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events, or otherwise, except as may be required by law. Investors are
cautioned not to place undue reliance on any forward-looking statements
contained herein.
Contact details:
Mark Sorour
Investor Relations
MIH Limited
+31 (0) 23 556 2871
Msorour@mih.net
Beverley Branford
Investor Relations
MIH Limited
+31 (0) 23 556 2636
Bbranford@mih.net
