In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the Aveng Group is pleased to announce the appointment of Adrian Macartney as Group Financial Director and Chief Financial Officer with effect from 8 September 2014. Mr Kobus Verster, who has been acting Group Financial Director in addition to his role as Chief Executive Officer, will relinquish his acting position upon Adrian joining Aveng.

Mr Macartney is a CA(SA) and holds a BCom degree from the University of the Witwatersrand and a BCompt Honours from the University of South Africa. Adrian is currently an Audit partner at EY with over 20 years of assurance, transactions and advisory experience. He initially joined Ernst & Young in 1992, based in Johannesburg, South Africa. Post qualification, he spent two years with PwC in New Zealand before returning to EY and making partner in 2001. He has provided audit, accounting, capital raising and due diligence services to clients in the mining and other sectors. His financial reporting experience includes both US GAAP and IFRS. The Board looks forward to the contribution that Mr Macartney will make to The Aveng Group.

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