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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (3882)	12/19/2003 7:00:15 AM
From: AugustWest	Respond to of 4905

re:DROOY Anyone see this as a positive, or a non event, or a bunch of mumbo jumbo red tape resource and money depleting move? The Board of Durban Roodepoort Deep, Limited (JSE: DUR; NASDAQ: DROOY; ASX: DRD) announced today (19 December 2003) that, with immediate effect, the roles of Chairman and Chief Executive Officer (CEO) have been split and an Independent Senior Non-Executive Director has been appointed... ...The DRD Board functions through four principal committees: * the Executive Committee (Exco), which controls the day to day management of the company, and which will now be chaired by Ian Murray; * the Audit Committee, which supervises financial controls and the internal audit function.... ...* the Remuneration Committee, which handles all remuneration and rewards for all senior staff.... * the Risk Committee, which will be established at the next Board Meeting. This new committee will review risk management and Health, Safety and Environmental Compliance.... Message 19612874