DRDGold Limited - Change Of Financial Director
DRDGOLD Limited
(Formerly Durban Roodepoort Deep, Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
Share code: DRD
ISIN: ZAE000058723
ARB number: 086 277 616
(`DRDGOLD` OR `THE COMPANY`)
NEW FINANCE DIRECTOR FOR DRDGOLD
DRDGOLD is pleased to announce the appointment of John Sayers as the company`s
new Finance Director (`FD`) and Chief Financial Officer (`CFO`) with effect from
5 September 2005. In the former capacity, he becomes an Executive Director of
DRDGOLD.
Sayers (59) takes over the roles of FD and CFO from Ian Murray, who has served
as the company`s Finance Director since 2000. After ensuring a smooth handover
to Sayers, Murray will focus on his role as DRDGOLD`s Corporate Development
Officer, primarily in the Australasian region. He will continue to serve as an
Executive Director of DRDGOLD.
Sayers brings to DRDGOLD almost 40 years of financial experience, most recently
as Financial Director of Nampak Limited (1996-2004) and, immediately prior to
that, as Financial Director of Altron Limited (1989-1996).
His role in DRDGOLD will be to focus on further strengthening financial systems
and preparing the Group for proposed accounting changes, such as International
Financial Reporting Standards, over the next few years.
Commenting on the appointment, DRDGOLD Chairman Paseka Ncholo said, `We are
pleased to have secured the services of someone with John`s depth of experience
and look forward to his contributing to DRDGOLD`s drive to stay ahead of the
challenges facing the gold mining sector, particularly in a South African
context.`
Johannesburg
25 August 2005
Queries:
South Africa
Investor and Media Relations
Ilja Graulich, DRDGOLD
+27 11 219 8707 (office)
+27 83 604 0820 (mobile)
James Duncan, Russell & Associates
+27 11 880 3924 (office)
+27 82 892 8052 (mobile)
North America
Investor and Media Relations
Barbara Cano, Breakstone & Ruth International
+1 646 452 2334 (office)
Australasia
Investor and Media Relations
Paul Downie, Porter Novelli
+61 893 861 233 (office)
+61 414 947 129 (mobile)
United Kingdom/Europe
Investor and Media Relations
Phil Dexter, St James`s Corporate Services
+44 20 7499 3916 (office)
+44 779 863 4398
Date: 25/08/2005 08:01:03 AM
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