The Board is confident that Mr Hudson, with the support of the executive team, will be successful in leading the strategic review and direction of Tongaat Hulett in order to restore shareholder returns to acceptable levels, improve cash generation and reduce debt levels. The Board welcomes Mr Hudson to his new role and also thanks Mr Sydney Mtsambiwa for his contribution as interim CEO for the past three months. This announcement is issued in accordance with paragraph 3.59 of the JSE Listings Requirements.