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KUMBA RESOURCES DONATES R1 MILLION TO POLITICAL PARTIES
KUMBA RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration No.2000/011076/06)
Share code: KMB ISIN No. ZAE000034310
NEWS RELEASE
8 March 2004
KUMBA RESOURCES DONATES R1 MILLION TO POLITICAL PARTIES
Diversified metals and mining company, Kumba Resources Limited (Kumba), today
announced donations totalling R1 million to political parties towards national
general elections funding.
Commenting on the announcement, Kumba chief executive, Dr Con Fauconnier, said:
"It is our belief that democracy can be best served if a suitable platform is
provided for differing views to be expressed for the benefit of the voter and to
further strengthen South Africa"s political discourse. We trust that our
contribution will help advance that objective."
The assistance to political parties has been partly determined on their
representation in the current parliament and is accordingly distributed as
follows:
African National Congress R600 000
Democratic Alliance R200 000
Inkatha Freedom Party R120 000
New National Party R 50 000
United Democratic Movement R 30 000
Kumba encourages and commends the open disclosure and transparency of donations
to political parties as it believes it strengthens corporate governance and is
in the spirit of a true democracy.
Sponsor
JPMorgan
Note
Kumba Resources Limited, one of the largest South African-based mining companies
listed on the JSE Securities Exchange, is a focused metals and mining company
with a diverse commodity portfolio consisting of iron ore, heavy minerals, coal,
base metals and industrial minerals. www.kumbaresources.com
Telephone : + 27 (12) 307 4843 P.O. Box 9229
Telefax : + 27 (12) 307 4080 PRETORIA 0001
For media relations enquiries contact:
Pat Mdoda
General Manager: Corporate Affairs
Tel: 012 - 307-4552
Mobile: 083 609 1204
For investor relations enquiries contact:
Trevor Arran
General Manager: Investor Relations
Tel: 012 - 307-3292
Mobile: 083 609 1444
20 February 2004
Date: 08/03/2004 02:00:02 PM Produced by the JSE SENS Department
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