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INTERWASTE HOLDINGS LIMITED - Appeal against directive by Department of Environmental Affairs

Release Date: 20/02/2017 16:27
Code(s): IWE     PDF:  
Wrap Text
Appeal against directive by Department of Environmental Affairs

Interwaste Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/037223/06)
JSE code: IWE
ISIN: ZAE000097903
(“the Company”)

APPEAL AGAINST DIRECTIVE BY DEPARTMENT OF ENVIRONMENTAL AFFAIRS

Shareholders are referred to the announcement, released on the Stock Exchange News
Service on 17 February 2017, regarding the Department of Environmental Affairs
(“DEA”) directive against FG Landfill, and Interwaste (Pty) Ltd’s (“Interwaste”) appeal
against same.

Subsequent to an urgent application by Interwaste on 17 February 2017, the High Court
issued an order suspending the directive and confirming that operations on site may
continue, pending further legal argument on the appeal and the directive. The matter is
expected to be before court again on 23 February 2017, or so soon thereafter as
possible.

FG Landfill site remains open at this time.

In a media release by the DEA on 16 February 2017, the impression was created that
Interwaste has failed to implement certain commitments made regarding the site. This is
incorrect. All applicable operational and infrastructure improvements at the site have
been implemented. Furthermore, critical commitments made have been completed. For
example, extensive surface and ground water sampling within a 1.5 kilometer radius of
the site has confirmed that the site has no impact on water resources.

Other commitments, limited to scientific studies (and not the implementation of specific
operational measures) are either in progress or have become superfluous based on
subsequent monitoring. For example, air quality studies have confirmed that no
significant health impacts exist due to operations on site.

Shareholders will be advised of any further developments.


20 February 2017
Johannesburg

Sponsor
Grindrod Bank

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