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ARI - African Rainbow Minerals Limited - Commencement of Chief Executive Officer

Release Date: 28/02/2011 15:10
Code(s): ARI
Wrap Text

ARI - African Rainbow Minerals Limited - Commencement of Chief Executive Officer succession process African Rainbow Minerals Limited (Incorporated in the Republic of South Africa) (Registration number 1933/004580/06) JSE share code: ARI ISIN: ZAE000054045 ("ARM" or "the Company") COMMENCEMENT OF CHIEF EXECUTIVE OFFICER SUCCESSION PROCESS ARM today announced the restructuring of its Board of Directors with the commencement of the process to identify a successor for the current Chief Executive Officer (CEO), Mr. Andre Wilkens. This process is expected to be completed in February 2012. It is the intention of the Company that the incoming CEO will work with Mr. Wilkens for a period of six months as part of a hand over process. Following the appointment of the new CEO, Mr. Wilkens will continue to serve on the ARM Board of Directors as an Executive Director in the Executive Chairman`s office. For all investor relations queries, please contact: Jongisa Klaas Head of Investor Relations and Corporate Development Office: +27 11 779 1507 Email: jongisa.klaas@arm.co.za Sandton 28 February 2011 Sponsor to ARM: Deutsche Securities (SA) (Proprietary) Limited Date: 28/02/2011 15:10:08 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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