re: Ann: Appointment of Independent Non-Exec... Brilliant...

re: Ann: Appointment of Independent Non-Exec... Brilliant appointment!

Mike Kilbride has some serious credibility & runs on the board - he has done it all before & knows how to get things done in SA.

Chairman of Exxaro’s Coal Business (2001-2008) during a period where output expanded from 17Mtpa to the over 47Mtpa. This was achieved through acquisitions, new mines commissioned, brownfields expansions. At the same time older operations went through the closure process. This expansion also required obtaining increased allocation at RBCT and new supply agreements with Eskom.

Chairman of Sishen Iron Ore Company (2001-2006) during this period the phase of expansion from 32Mtpa to over 43Mtpa, involving brown-fields projects at Sishen and a new mine Kolomela, took place. Expansion involved negotiations with Transnet for rail and port expansions and off-take agreements with clients based in Japan, China and Europe.