| Wed 30 Oct 2002, 17:37 | | Steinhoff International Holdings Limited- APPOINTM |
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Steinhoff International Holdings Limited- APPOINTMENT OF NON-EXECUTIVE DIRECTORS
Steinhoff International Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/003951/06)
(Share code: SHF ISIN: ZAE 000016176)
("Steinhoff" or "the company")
APPOINTMENT OF NON-EXECUTIVE DIRECTORS
The directors of Steinhoff are pleased to announce the appointment with effect
from 31 October 2002, of the following individuals as non-executive directors of
the company:
DR FRANKLIN ABRAHAM SONN (63)
BA, HDipEd (hons), FIAC
Franklin is a former ambassador of South Africa to the United States of America
(1995-1998) and rector and vice-chancellor of the Peninsula Technikon (1978-
1994).
Currently, his board positions include Africa Group Corporation (Pty) Limited as
executive chairman, Airports Company South Africa Limited, ABSA Group and Bank
Limited, MacSteel Holdings (Pty) Ltd, Capespan Group Holdings Ltd, Sappi Limited
and Western Province Rugby (Pty) Limited. He is chairman of Kwezi V3 Engineers,
Multimed (Pty) Ltd and Johannesburg International Airport Southern Sun Inter-
Continental Hotel.
Franklin has been awarded several honourary degrees and awards. He published A
Decade of Struggle in 1998 and has keen interest in the promotion of education,
business, cultural affairs, political matters, sport, community upliftment and
international affairs. He is very involved with educational, business and
cultural organisations and recently has been elected as President of Die
Afrikaanse Handelsinstituut and chancellor of the University of the Free State.
He acts as trustee for Read Educational Trust and for the Nelson Mandela
Children`s Fund.
JOHANNES FREDERICUS MOUTON (56)
BComm (hons), CA(SA), AEP
Jannie is the founder and chairman of PSG Group Limited, chairman of Capitec
Bank Holdings Limited and various other companies in the PSG Group.
Jannie started his career with Federale Volksbeleggings Limited as financial
manager and after a period as financial director with Kanhym Limited,
established Senekal Mouton & Kitshoff Inc, a stockbroking company and member of
the JSE. He served as member of several JSE committees and was instrumental in
various corporate transactions. He has 29 years of experience in financial
management and investment banking.
Other board positions include AST Group Limited, Remgro Limited and m-Cubed
Holdings Limited.
Adv JOHANNES NICOLAAS STEPHANUS DU PLESSIS (53)
BComm, LLB, SC
Johann has been a practicing senior counsel since 1989 and was admitted to the
bar in 1974.
Johann practices as a trial advocate with extensive experience and exposure to a
wide range of commercial matters, which include those relating to exchange
control, stock exchange rules and corporate law. He also acted as Judge of the
High Court in both the Witwatersrand local and Cape provincial divisions.-
The appointments are in line with the recommendations of the King Report on
Corporate Governance ("the King report") and will result in the majority of
Steinhoff`s directors to be non-executive. The existing board considers all
three of the incoming directors as independent as described in the King report.
Steinhoff stands to gain substantially from the experience, complementary
skills, and business acumen of the new appointmentees to its Board where they
are expected to add substantial value in the company`s various activities and
strategies.
By order of the Board
SJ GROBLER
COMPANY SECRETARY
30 October 2002
Date: 30/10/2002 05:31:18 PM Produced by the JSE SENS Department
