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Board changes at Bidvest announced

Release Date: 27/10/2003 10:14
Code(s): BVT
Wrap Text

Board changes at Bidvest announced The Bidvest Group Limited Registration number 1946/021180/08) Share code: BVT ISIN: ZAE000008132 ("Bidvest") NEW RELEASE FROM THE BIDVEST GROUP LIMITED Board changes at Bidvest announced Several changes to Bidvest"s main Board were announced today by Executive Chairman Brian Joffe: Non-executive, independent directors appointed to Bidvest: * Douglas Band - Mr Band has been appointed to Bidvest"s audit, remuneration and acquisition committees. * Advocate Nazeer Cassim - Adv Cassim is a practising senior counsel at the Johannesburg Bar and has been appointed to Bidvest"s audit committee. Executive directors appointed: * Muriel Dube, Executive Director - Group Commercial Director * Lionel Jacobs, Executive Director - Bidserv Commercial Director * Fred Barnes - Chief Executive of 3663 First for Foodservice. * Bernard Berson - Chief Executive Bidvest Australasia. Resigning executive directors: * Frank Robarts - Mr Robarts remains a director of the Bidoffice operational boards on which he is active. * Isaac Berman - Mr Berman has retired and will continue to serve on operational boards. * Charles Watt - Mr Watt continues to serve on operational boards and remains active in Bidvest"s foodservice operations. * Bernard Chipkin - Mr Chipkin will become an alternate non-executive director to Mervyn Chipkin. Johannesburg 27 October 2003 SPONSOR INVESTEC BANK LIMITED Date: 27/10/2003 10:14:23 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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