R&E shareholders are referred to the Notice of General Meeting, which was issued to shareholders dated 9 February 2007, wherein R&E shareholders were informed of the convening of a general meeting of the Company (which was deemed to be an annual general meeting) as directed by the Registrar of Companies, in terms of Section 179(4) and in terms of Section 181 of the Companies Act, 1973 (Act 61 of 1973), as amended, and Articles 44 and 45 of the Company’s Articles of Association.
The results of the resolutions proposed as set out in the notice of general meeting, and the results thereof, representing 54 787 324 of the issued share capital of the Company, present or represented by proxy thereat, was as follows:
| FOR | AGAINST | ABSTAIN | |||
| 1.a) | To re-elect MR AC Nissen as a director | 54.98% | 29.18% | 15.83% | |
| b) | To re-elect Ms MB Madumise as a director | 55.73% | 21.63% | 22.64% | |
| c) | To elect Mr PH Gray as a director | 71.56% | 28.44% | 0.00% | |
| d) | To elect Mr DM Nurek as a director | 55.73% | 28.44% | 15.83% | |
| e) | To elect Mr J Blersch as a director | 32.23% | 51.33% | 16.44% | |
| f) | To elect Mr TG Dale as a director | 32.23% | 51.33% | 16.44% | |
| g) | To elect Mr M Steyn as a director | 96.91% | 2.48% | 0.60% | |
| 2. | Re-appointment of KPMG as auditors to the Company, and to authorise their remuneration for the ensuing year |
81.57% | 2.60% | 15.83% |
Directors in office as at 9 March 2007 are as follows:
Mr DM Nurek (Non-Executive Chairman)
Mr PH Gray (Chief Executive Officer)
Mr M Steyn (Financial Director)
Ms MB Madumise (Independent Non-Executive)
Mr AC Nissen (Independent Non-Executive)
9 March 2007
Johannesburg
Sponsor
Sasfin Capital
(A division of Sasfin Bank Limited)