AEG - Aveng Limited - Appointment of an executive director18 May 2012
AEG
AEG                                                                             
AEG - Aveng Limited - Appointment of an executive director                      
AVENG LIMITED                                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1944/018119/06)                                           
ISIN: ZAE000111829                                                              
SHARE CODE: AEG                                                                 
("Aveng" or "the Group")                                                        
CHANGE TO COMPOSITION OF BOARD OF DIRECTORS                                     
In compliance with paragraph 3.59(a) of the Listings Requirements of the JSE    
Limited, shareholders are hereby advised of the appointment of Mr Stephen       
Pell (54) (BSc Building Management) as an executive director of Aveng with      
effect from 1 June 2012. Mr Pell has extensive experience in the                
construction industry in South Africa and internationally, including on the     
African continent and the Middle East. During his career over the past 33       
years he has held senior executive positions at Murray & Roberts, Stocks        
Building Africa where he was CEO and subsequently executive director of         
Stefanutti Stocks. His executive responsibilities at Aveng will include         
managing Strategic Group initiatives, Continuous Improvement and Project        
Assurance.                                                                      
Following the appointment and with effect from 1 June 2012, the Board of        
Aveng will be constituted as follows -                                          
AWB Band* (Chairman), WR Jardine (CEO), HJ Verster (FD),                        
P Erasmus*, MA Hermanus*, RL Hogben*, JJA Mashaba,                              
T Mokgosi-Mwantembe*, DG Robinson (Australian), MJD Ruck*,                      
NL Sowazi*, PK Ward*, SD Pell.                                                  
* Non-Executive                                                                 
Sandton                                                                         
18 May 2012                                                                     
Sponsor                                                                         
J.P. Morgan Equities Limited                                                    
Date: 18/05/2012 12:52:00 Produced by the JSE SENS Department.                  
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