ASPEN PHARMACARE HOLDINGS LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 1985/002935/06)
ISIN: ZAE000023586 SHARE CODE: APN
("Aspen")
Aspen Pharmacare announced today that Leslie Boyd has agreed to join the Board
of the company as an independent non-executive director. Mr Boyd spent thirty
two years at Anglo American Corporation including ten years as managing director
and nine years as chairman of Highveld Steel. During that period he served on a
number of boards including Anglo American Corporation of which he was deputy
chairman for eight years. He is currently the non-executive chairman of
Datatech and Imperial Holdings and a non-executive director of ABSA, Anglo
American Platinum, Highveld Steel, Kersaf and Tongaat Hullett amongst others.
Stephen Saad, group chief executive of Aspen Pharmacare welcomed Mr Boyd to the
Board and said that with his extensive experience Mr Boyd is expected to make a
meaningful contribution to the affairs of Aspen Pharmacare.
Mr Boyd stated that he has been impressed by the substantial progress made by
Aspen Pharmacare since taking over the pharmaceutical business of SA Druggists
and by the growth in the cash generated from operations and in profits. He said
that he is happy to be joining the Board of Aspen Pharmacare and is looking
forward to participating as a non-executive director in the future development
of South Africa"s largest listed pharmaceutical manufacturer.
Durban
06 May 2003
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