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Afrox - Rick Hogben To Lead Afrox Another Year

Release Date: 21/04/2005 15:54
Code(s): AFX
Wrap Text

Afrox - Rick Hogben To Lead Afrox Another Year AFRICAN OXYGEN LIMITED (Incorporated in the Republic of South Africa) (Registration number 1927/000089/06) JSE Share code: AFX NSX Share code: AOX ISIN: ZAE000030920 ("Afrox" or "the company" or "the Group") PRESS RELEASE 21 APRIL 2005 RICK HOGBEN TO LEAD AFROX ANOTHER YEAR Rick Hogben, chief executive of African Oxygen Limited (Afrox) has accepted the Board"s invitation to extend his tenure as chief executive of Afrox by a year. He will now retire in March 2007. Hogben joined Afrox Healthcare Limited in 1994 as business manager healthcare services. In 1999 he was appointed as managing director of Afrox Healthcare, and in October 2001 he became managing director and chief executive of Afrox. Afrox is a subsidiary of The BOC Group plc. Announcing the extended retirement date, Kent Masters, Afrox chairman and chief executive of BOC"s Industrial & Special Products line of business said: "Rick Hogben has led Afrox since October 2001 with distinction, and has set the company on a path of growth and financial performance." Hogben will bring stability and management continuity to the company following the R3,4 billion sale of Afrox Healthcare to a BEE consortium and will continue to direct the company"s growth. Ends Issued by African Oxygen Limited Contact Chris Fieldgate 011 490 0430 or Ros Beart 011 490 0712 Date: 21/04/2005 03:54:17 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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