M-Cell Ltd
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share Code: MCE
ISIN Code: ZAE000023115
M-Cell Limited ("M-Cell") Management Changes
The M-Cell board has been conscious of the need to make a long-term
permanent appointment to the post of Group Chief Executive of the company.
Mr Paul Edwards currently serves in this position on a limited duration
contractual basis.
Shareholders are accordingly advised that Mr Phuthuma Nhleko has accepted an
invitation to assume the post of Chief Executive of the Group effective from
1 July 2002. In consequence the board is currently considering the matter
of the appointment of a non-executive Chairman in succession to Mr Nhleko.
Paul Edwards will continue to make his services available on a consulting
and advisory basis until the completion of his contractual arrangements.
Phuthuma Nhleko has a long and distinguished business career in South Africa
and is currently Chief Executive of the Worldwide African Group having
served in this position over a nine-year period. His new appointment takes
effect from 1 July 2002.
Sandton
9 May 2002
Sponsor
Merrill Lynch South Africa (Pty) Ltd
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
