(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 1985/002935/06)
ISIN: ZAE000023586 SHARE CODE: APN
("Aspen")
In terms of paragraph 3.67 of the JSE Listings Requirements, the board of Aspen
announces that Mr Rafique Bagus has been appointed to the board of Aspen as an
independent non-executive director with effect from 11 March 2003.
Mr Bagus is currently an executive director of Ferroman (Pty) Ltd, a joint
venture company comprising an economic empowerment group, a South African
engineering company and a multi-national company. This company specialises in
the worldwide execution of projects and studies for all industrial projects,
paying particular attention to the African continent.
Prior to this appointment, he served as Chief Executive Officer, Trade and
Investment South Africa, a division of the Department of Trade and Industry,
which was tasked with the responsibility of promoting, developing and co-
ordinating exports from and direct investment into South Africa.
Mr Bagus has a BA (Hons) Economics and MA (Economics and Econometrics) from the
University of the Western Cape. In addition he currently serves as a director to
the South African National Export Advisory Board, Secureco (Pty) Ltd and South
to South (Pty) Ltd.
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