AVENG LIMITED - Changes to Aveng board of directors

Changes to Aveng board of directors

AVENG LIMITED

(Incorporated in the Republic of South Africa)

(Registration number: 1944/018119/06)

ISIN: ZAE000111829

SHARE CODE: AEG

("Aveng" or "the Group")







CHANGES TO AVENG BOARD OF DIRECTORS



In compliance with Section 3.59 of the Listings Requirements of the JSE Limited, the Aveng

Group announces the following changes to its Board:



The resignation of Mr Myles Ruck following his relocation to Cape Town and the resignation

of Mr Nkululeko Sowazi due to other business commitments involving extensive time outside

the country. These resignations are with effect from 6 December 2013 and the Board wishes

to thank Mr Ruck and Mr Sowazi for their valuable contribution made to the Board over many

years.



The Board is pleased to announce the appointments of Mr Eric Diack and Ms Kholeka

Mzondeki as independent non-executive directors of the Aveng Board with effect from 1

December 2013 and 1 January 2104 respectively.



Mr Eric Diack, BAcc CA (SA), AMP Harvard and UCT, has extensive industrial experience

having served on numerous major listed company boards including AECI, ArcelorMittal,

Daewoo, Dorbyl, Haggie, Highveld Steel and LTA. Mr Diack is currently serving as a non-

executive director on the Board of The Bidvest Group Ltd.



Ms Kholeka Mzondeki, BCom, ACCA (UK), has over 20 years’ experience in a variety of

industries including mining and telecommunications. Ms Mzondeki is an independent non-

executive director of Telkom and Bauba Platinum. Internationally, she sits on the United

Nations’ World Food Programme (WFP) in Rome and is a council member of the global

accountancy body, the Association of Chartered Certified Accountants (ACCA).



The Board looks forward to the contribution that Mr Eric Diack and Ms Kholeka Mzondeki will

make to the Aveng Group.



Sandton

29 November 2013





Sponsor:

J.P. Morgan Equities South Africa Proprietary Limited


Date: 29/11/2013 01:08:00 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.