NTC - Netcare Limited - Statement by the board of directors of Netcare Limited

NTC - Netcare Limited - Statement by the board of directors of Netcare Limited  
NETCARE LIMITED                                                                 
(Registration number 1996/008242/06)                                            
Code: NTC                                                                       
ISIN number: ZAE000011953                                                       
("Netcare")                                                                     
STATEMENT BY THE BOARD OF DIRECTORS OF NETCARE LIMITED                          
Netcare, Netcare Kwa-Zulu (Pty) Ltd and Dr Richard Friedland together with      
other persons have been charged by the Director of Public Prosecutions with a   
number of offences arising out of organ transplants performed by a number of    
specialist doctors at the St Augustine`s Hospital in 2001 and 2002.             
The allegations against Netcare and Dr Friedland have been thoroughly           
investigated by independent attorneys and Senior Counsel engaged by Netcare.    
The Board has been advised that the allegations made are unjustified and that   
neither Netcare nor Dr Friedland are guilty of any wrongdoing and that they     
will vigorously defend the charges which have been brought against them.        
The Board fully supports Dr Friedland and expresses its regret that the         
prosecuting authorities have seen fit to press charges against him, particularly
in the context of the unqualified co-operation which Netcare and Dr Friedland   
have given to the investigating and prosecuting authorities and the statements  
made by them to assist in those investigations.                                 
The Board is confident that both Netcare and Dr Friedland will successfully     
defeat the charges which have been made against them and that Dr Friedland      
will continue to discharge his duties as Chief Executive Officer of Netcare     
with the same commitment, distinction and dignity for which he is well known.   
16 September 2010                                                               
Date: 16/09/2010 13:17:01 Supplied by www.sharenet.co.za                     
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