SAGE GROUP LIMITED - APPOINTMENT OF NON-EXECUTIVE DIRECTOR
SAGE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1970/010541/06)
Share code: SGG
ISIN: ZAE 000006623
APPOINTMENT OF NON-EXECUTIVE DIRECTOR
Sage Group Limited today announced the appointment of a new non-executive
director to the board. Frederick Johannes (Eric) Visser is CEO of MPF Management
Services, the Mine Employees Pension Fund and Sentinel Mining Industry
Retirement Fund. Visser will represent the Mines Pension Funds, who currently
hold 16,5% of the Sage Group.
Visser has a good overall knowledge of the retirement fund industry with
experience both at corporate senior management and strategic levels. He is also
non-executive director of Growthpoint Properties Limited.
Garth Griffin, Group Chief Executive of Sage said:
"I am delighted that the Mines Pension Funds have decided to take an active
interest in Sage through board representation once again. We welcome Eric"s
contribution to the Group going forward."
19 November 2003
For further information, please contact:
Enquiries:
Sage Group Limited
011 377 5555
Nombini Mehlomakulu,
Investor Relations
011 377 5821
College Hill South Africa
011 447 3030
Nicholas Williams
083 607 0761
Alice Jordan
083 448 2650
Sponsor:
Grant Thornton Corporate Sponsors
(Proprietary) Limited
Date: 19/11/2003 04:03:29 PM 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
