ISB - Insimbi - Appointment of Financial Director

ISB - Insimbi - Appointment of Financial Director                               
Insimbi Refractory and Alloy Supplies Limited                                   
Formerly Insimbi Alloy Supplies (Proprietary) Limited                           
(Registration number 2002/029821/06)                                            
JSE share code:  ISB                                                            
ISIN Number:  ZAE000116828                                                      
("Insimbi" or "the company")                                                    
APPOINTMENT OF FINANCIAL DIRECTOR                                               
The board of directors of Insimbi are pleased to announce the appointment of    
Jose Vieira-Pereira (42) as executive financial director, effective 3 May 2011. 
Jose, a CA(SA), has more than 16 years financial experience. He completed his   
Bachelors and Honours in Accounting Sciences at Unisa.                          
After completing his articles, Jose was self employed as a contract accountant. 
In 2002, he joined WesBank and was appointed as financial director of           
FirstAuto(Pty)Ltd, a subsidiary of FirstRand. While at WesBank he was appointed 
as director of various First Rand companies and was also appointed as the Chief 
Financial Officer of WesBank Fleet Division.                                    
In 2009, Jose joined Eqstra Industrial Equipment, a division of Eqstra Holdings 
Ltd and was ultimately appointed as Chief Financial Officer.                    
Fred Botha has been acting financial director since 27th December 2010 and will 
now continue in his role as commercial director.                                
3 May 2011                                                                      
Designated Advisor                                                              
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 03/05/2011 14:11:22 Supplied by www.sharenet.co.za                     
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