ESKOM HOLDINGS SOC LIMITED - Eskom board member resigns

Eskom board member resigns

Eskom Holdings SOC Limited
JSE Code: BIESKM
Date 19 October 2018


MEDIA STATEMENT

RESIGNATION OF NON-EXECUTIVE DIRECTOR

Friday,19 October 2018: Eskom Chairperson, Mr Jabu Mabuza, says: “On behalf of the
Eskom Board, I wish to confirm that Mr George Sebulela tendered his resignation this
afternoon as a non-executive director.

His resignation takes effect immediately and the Minister of Public Enterprises has been
informed accordingly.

Mr Sebulela resigned after considering legal advice on his continued role as an Eskom
director after the Board was made aware of certain conflicts of interest.

In this regard, Mr Sebulela made the correct decision to resign from the Board and to help
ensure that acceptable standards of good corporate governance are maintained.

The Board is aware that allegations are being peddled in the media that other directors
had also resigned from the Eskom board today. Such information is patently false.”


ENDS




Issued by: Eskom Media Desk
Tel:       +27 11 800 3304/3343/3378
Fax:       086 664 7699
Email:     mediadesk@eskom.co.za

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