Investors and media


Changes to the board of directors

25 May 2007

Appointment of Chief Financial Officer

Anooraq is pleased to announce that Mr. Iemrahn Hassen is joining the board of the company as Chief Financial Officer with effect from 1 June 2007. Mr Hassen has 23 years of experience in the service, manufacturing and mining sectors. He received his Chartered Accountant designation in 1991. For the past two years he has worked as a financial consultant in the mining sector for Mintek and Gold Fields Limited. Prior to that, he was the CFO for Mobile Telephone Networks (MTN) in South Africa for two years, spent three years as the Senior Manager of Finance of Gold Fields Limited, and spent one and a half years with the accounting firm Deloitte and Touche. From October 1974 to January 1999, he worked for several companies in the service and manufacturing sectors, rising from Group Accountant in the early 1980s to roles of Business Development Manager and Financial Manager for Samancor Limited in June 1997. Mr Hassen will be playing a pivotal role within Anooraq as the company advances its PGM interests in South Africa.

Resignation of Vice President of Investor Relations

Anooraq also wishes to advise that Ms Phumzile Langeni has resigned as an executive director of the company. Ms Langeni, who is the Vice President of Investor Relations, will be leaving the company at the end of June 2007 to pursue other business interests.

The board and management of Anooraq thank Ms Langeni for her contribution over the last three years, and wish her well in her new career.


Sponsor: BDO QuestCo