Kelgran - Changes to the Board of Directors
Kelgran Limited
(Incorporated in the Republic of South Africa)
(Registration number 1975/004595/06)
("Kelgran" or "the company")
Share Code: KLG
ISIN Code: ZAE000038851
CHANGES TO THE BOARD OF DIRECTORS
Shareholders are notified that the Acting Managing Director of Kelgran, Mr RFE
Brown has announced his retirement from the company with effect 31 May 2003.
The Board has designated Dr. Vittorio Di Capua as the new Chief Executive
Officer.
Dr. Di Capua, an Italian national, is presently a non-executive director of the
company and special advisor on international affairs. He has held various
senior positions in international companies in his very successful career
including that of CEO of Fiat Credit International from 1987 to 1992, Vice-
Chairman of Cagiva / Ducati from 1995 to 1996 and more recently that of Managing
Director of the Lamborghini Group.
Dr. Di Capua not only has intimate knowledge of the European market and an
extensive network of business relations, he is also recognised for his proven
ability to add value to the companies he has taken charge of and for his success
in turning around companies facing challenges.
Johannesburg
15 May 2003
Sponsor
Bridge Capital Services (Proprietary) Limited
(Registration number 1998/016301/07)
Date: 15/05/2003 02:58:02 PM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
