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TRANS HEX GROUP LIMITED - TRANS HEX APPOINTS MD OF TRANS HEX ANGOLA
TRANS HEX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1963/007579/06)
ISIN: ZAE000018552
SHARE CODE: TSX
TRANS HEX APPOINTS MD OF TRANS HEX ANGOLA
Trans Hex today announced the appointment of Jeffrey Ovian as Managing Director
of Trans Hex Angola (THA), a wholly owned subsidiary of Trans Hex Group (THG).
Jeffrey will manage the day to day affairs of THA, represent the company on the
Management Boards of operating Joint Ventures and seek out new business in
Angola. He will report to the Managing Director of THG, currently Altie Krige in
an acting capacity.
Jeffrey has two decades of minerals industry experience spanning Brazil, South
Africa, Nigeria and Guinea. He is a degreed mining engineer and earned his
South African Mine Managers Certificate of Competency in 1985. Most recently
for BHP Billiton, he developed group wide strategies for Minerals Bill
compliance in South Africa as well as for various infrastructure projects on the
African continent. His extensive ties with Brazil as Finance Director of BHP
Billiton Metais SA for six years in Rio de Janeiro and his fluency in Portuguese
make him well suited to Angola. The Ovian family will take up residence in
Luanda during July.
Commenting on the appointment, Altie Krige said: `We are delighted to have
Jeffrey on board and look forward utilising his considerable expertise in the
broad mining industry in advancing the development of our Angolan operations.`
Jeffrey Ovian commented: `I`m pleased to be able to contribute to Trans Hex`s
Angolan development at this promising juncture. I will be well-placed in Luanda
to liaise closely with our project partners as we continue to unlock sustainable
value from our operations for all stakeholders.`
Enquiries
Trans Hex 021 937 2000
Altie Krige, Acting MD Trans Hex Group 082 568 5425
Jeffrey Ovian, MD Trans Hex Angola 021 937 2041
College Hill 011 447 3030
Johannes van Niekerk 082 921 9110
Notes to Editors
Jeffrey Ovian has been with the BHP Billiton group of companies or companies
formerly associated with the group since 1983.
Jeffrey`s recent professional experience:
2003
Team Leader for BHP Billiton on strategy wrt South African Minerals Bill of 2002
- Coordinated multidiscipline team for the group`s multibillion dollar asset
base in South Africa
- Strategy and tactics established for complete compliance
2002
Managing Director Designate (Alscon Project)
- Developed risk mitigation strategies, corporate governance policies and
outsourcing options
- Plans to rejuvenate dormant 190,000 tpa aluminum smelter, power station and
port in Nigeria
- Began assessments of bauxite and alumina supply in Guinee and Ghana
1996 - 2002
Financial Director (BHP Billiton Metais SA)
- Responsible for reporting, treasury, taxation, human resources and
information systems
- Supported some USD 400M in sales generated by 210,000 tons of integrated
aluminum production at four operating units in Brazil
- Reduced head count by 38%, the reporting cycle by 75%, and departmental
costs by 48%
- Credit portfolio increased threefold
Further information on Trans Hex can be found at www.transhex.co.za.
Cape Town
10 June 2004
Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited) Corporate Finance
Date: 10/06/2004 09:00:05 AM
Produced by the JSE SENS Department
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