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PRETORIA PORTLAND CEMENT COMPANY LIMITED - NEW CEMENT MD AND BOARD APPOINTMENT

Release Date: 08/03/2004 12:39
Code(s): PPC
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PRETORIA PORTLAND CEMENT COMPANY LIMITED - NEW CEMENT MD AND BOARD APPOINTMENT AT PPC PRETORIA PORTLAND CEMENT COMPANY LIMITED Incorporated in the Republic of South Africa (Registration No.: 1892/000667/06) ("PPC") JSE code: PPC ISIN code: ZAE000005559 NEW CEMENT MD AND BOARD APPOINTMENT AT PPC Barloworld Limited subsidiary, PPC today announced that Dr Orrie Fenn, has been promoted to managing director of PPC Cement with effect from 1 March 2004, and was appointed to the PPC Board on Friday 5 March 2004. Fenn"s appointment follows the recently announced appointment of PPC chief operating officer and Cement managing director, John Blackbeard as CEO designate of Barloworld Scientific. Blackbeard will take up his new position with effect from 1 July 2004. PPC"s chief executive officer, John Gomersall said, "Over the past five years, Orrie has achieved outstanding results and this coupled with his extensive experience in the cement industry makes him the ideal person to lead the PPC Cement team." Fenn has a doctorate in Engineering, and joined PPC Cement early in 1999 as assistant to John Blackbeard, then technical and operations director of PPC Cement. During this time, Fenn led the global technical benchmarking of PPC Cement"s facilities and the setting of stretch targets for each operation. Following John Blackbeard"s appointment as managing director of PPC Cement later in 1999, Fenn was appointed operations director, giving him responsibility for all the cement factories and quarries in the South African PPC Cement stable. In this role he reduced production costs by R80-million over a four-year period. He also championed the implementation of PPC"s internal value based management initiative, Kambuku throughout PPC Cement"s operations. This was key in the factories being honed to the point where today, most of the plants run at or above world best practise levels. In 2002 he was appointed sales and marketing director of PPC Cement. "We moved Orrie into sales and marketing to both utilise his skills and management approach to streamline and optimise performance within sales and marketing and to develop his all-round experience." said Gomersall. Amongst other initiatives during his tenure in sales and marketing, Fenn has been responsible for successfully implementing the ISO 9001 (Quality) and ISO 14001(Environmental) practices, a first for cement companies in South Africa. In addition, he made a contribution to the bottom line by reducing working capital to record levels and further reducing sales and marketing costs. "Orrie Fenn"s track record speaks for itself and I know that under his leadership, PPC Cement will continue to grow from strength to strength," concluded Gomersall. Sandton 8 March 2004 Date: 08/03/2004 12:39:53 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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