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Fri 28 May 2004, 15:14 Statement From Bond University Regarding Its Mba
Advtech - Statement From Bond University Regarding Its Mba Programme 

Release Date: 28/05/2004 14:53:26      Code(s): ADH        
ADvTECH - Statement From Bond University Regarding Its MBA Programme            
ADvTECH Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1990/001119/06)                                            
JSE Share Code: ADH                                                             
ISIN: ZAE000031035                                                              
(`ADvTECH` or `the Company)                                                     
PRESS RELEASE                                                                   
29th May 2004                                                                   
STATEMENT FROM BOND UNIVERSITY REGARDING ITS MBA PROGRAMME                      
Bond University today would like to provide the public with an update on the    
announcement made on 20 May 2004 that Bond South Africa`s accreditation for the 
MBA programme would not be renewed.                                             
The negative recommendation of the Higher Education Quality Committee (HEQC)    
regarding the re-accreditation of its MBA degree was primarily based on the     
nature of the academic relationship with Bond University Australia.  The reasons
given for the HEQC`s decision do not appear to allow for future accreditation of
foreign degrees in South Africa without the foreign institution relinquishing   
direct control over its standards and course content.                           
Bond University is an internationally acclaimed Australian university with a    
presence in three countries.  The programmes offered at any Bond University     
campus enjoy equal and undifferentiated recognition and all degrees awarded by  
Bond University Australia reflect the international credibility of the          
programmes.                                                                     
Commenting on the quality of the Bond MBA programme, Bond Pro-Vice Chancellor,  
Professor Dolina Dowling said:                                                  
`Australia has a strict government legislated system of quality assurance.  This
has created a world class education system which ensures successful students    
receive qualification of an international standard.  The MBA programme offered  
at Bond University meets the strict criteria stipulated by the Australian       
government.`                                                                    
The Bond MBA programme has been the recipient of many accolades including being 
ranked 8th by employers in South Africa in the 2003 PMR survey, ranked amongst  
the top performing MBA programmes in Australia in 2003 and the independent GCCA 
CEQ survey indicates that the Bond University School of Business provides the   
best teaching in the MBA programme of any university in Australia.              
Responding to the HEQC report Professor Seepe, Head of the Advtech Advisory     
Board and Vice Chancellor of Vista University, said:                            
`The Bond University MBA degree remains one of the most highly regarded MBA     
qualifications internationally.`                                                
Concluding, Professor Dolina Dowling, said: `We wish to assure the business     
community and all students, past and present, that all degrees awarded in our   
name meet the strict quality criteria set by Bond University in Australia.`     
ENDS                                                                           
Contact:                                                                        
Professor Dolina Dowling Pro-Vice Chancellor, Bond South Africa   011 7837086   
Professor Sipho Seepe          Head: Academic Advisory Board and Vice Chancellor
Vista University    083 635 4921                            
Frank Thompson      CEO ADvTECH         011 886 5100                            
Taryn Proksch       Brunswick           083 273 1301                            
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