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PPC - Pretoria Portland Cement Company Limited - PPC appoints new Chief Financial Officer and Director Business Development Pretoria Portland Cement Company Limited (Incorporated in the Republic of South Africa) (Company registration number: 1892/000667/06) JSE Code: PPC ISIN: ZAE000125886 ("PPC" or "the company") PRESS RELEASE PPC appoints new Chief Financial Officer and Director Business Development 7 July 2011 The board of directors of Pretoria Portland Cement Company Limited ("PPC") is pleased to announce the appointment of Ms Tryphosa Ramano to the board as an executive director and to the position of chief financial officer (CFO) with effect from 1 August 2011. Mr Peter Esterhuysen, who in addition to his role as CFO has been heading PPC`s business development activities during the past year will relinquish his CFO responsibilities and his board appointment will be changed to that of the executive director responsible for PPC`s business development and international expansion. PPC CEO, Paul Stuiver said; "I am excited to have Tryphosa join PPC and look forward to her valuable contribution. Her background and experience will add an extra dimension to the executive team. Peter Esterhuysen`s business development role has grown significantly during the last year and he will now be able to focus his undivided attention to the challenging task of executing our international expansion plans." Peter Esterhuysen has 15 years` experience in the company and has served on the board as CFO since 2003. His new role on the board is aligned with the company`s long-term continuity plans. Tryphosa Ramano has established an impressive track record in the financial profession. Her curriculum vitae boasts positions ranging from auditing, investment management and corporate finance to being the CFO of SAA from 2004 to 2006 and most recently the CFO of WIPHOLD. Despite additional non-executive directorship roles Tryphosa finds time to pursue transformation in the financial services sector through her leadership of the African Woman Chartered Accountants (AWCA) society and the establishment of the Institute of Investment Excellence, which focuses on attracting and training candidates from disadvantaged backgrounds into the financial services industry. Ends - For further enquiries contact: PPC +27 11 386 9000 Paul Stuiver Kevin Odendaal College Hill +27 11 447 3030 Sharon Steyn Jacques De Bie Notes to editors: Tryphosa Ramano qualified as a Chartered Accountant (SA) in 1996 and since then has gained experience working in a number of organisations including: Price Waterhouse Coopers, JCI, RMB Asset Managers, National Treasury, SAA and WIPHOLD. While working as the chief director: asset management (National treasury), Tryphosa was responsible for the restructuring of State-Owned Assets, ensuring compliance by public entities with the Public Finance Management Act, monitoring contingent liabilities of government and was instrumental in developing a new division to focus on financial analysis and treasury operation of SOE`s (state owned entities). It was also during this period that Tryphosa formed part of the team that listed Telkom on the Johannesburg and New York Stock Exchanges. As CFO of SAA from 2004 to 2006, Tryphosa made significant achievements including the closing of SAAs` R6 billion hedge book; the restructuring of the finance department and the implementation of the SAA turnaround strategy in 2004/05. At WIPHOLD she was responsible for the group`s financial management and strategic development, whilst also representing WIPHOLD on the boards of companies in which WIPHOLD is a shareholder. Tryphosa has been or is a member of a number of boards and committees which include; Old Mutual Property Investment, Real Africa Holdings, Adcorp Holdings, Chairman of the Audit Committee of the National Credit Regulator, Audit Committee & Board of South African Institute of Chartered Accountants, University of Stellenbosch Business School, Financial Services Board, African Union External Board of Auditors, and the National Research Foundation. Date: 07/07/2011 07:06:06 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.
