People

New Appointments

CLOUGH

John Cooper, deputy chairman of Clough, was appointed chief executive and managing director of Clough on 9 January 2007.

John joined Murray & Roberts as CE of the Group’s Australian operations and was appointed a non-executive director of Clough and deputy chairman in August 2006. He will now enter into an employment contract directly with Clough.

Murray & Roberts has steadily increased its shareholding in Clough since July 2004 and on two occasions in November 2004 and November 2005 rescued the company through the injection of funds for the issue of new shares. In December 2006, Murray & Roberts underwrote a further recapitalisation of the company, this time with the participation of all shareholders.

Murray & Roberts now has a 49,12% direct shareholding in Clough Limited with approximately 3,0% due in further shares after resolution of the Bass Gas dispute through the conversion of a loan to the company.

Commenting on the appointment, Murray & Roberts CE Brian Bruce said: “Clough has experienced a difficult period over the past three years, following significant losses on the Bass Gas project in Australia and the Panda and G1/G15 projects in India. John is an experienced Australian engineering and contracting executive having operated for more than 30 years in the local and Southeast Asian markets. We are confident that he and the executive team at Clough will deliver a better future for the company and all its stakeholders.

“Clough forms an important platform to Murray & Roberts for future growth and value in the oil and gas and eastern hemisphere markets. Murray & Roberts has built its shareholding in Clough over the past 30 months with the support of the company and minority shareholders and has no immediate plans to make an offer for the remaining shares in the company.”

CONSTRUCTION

The recent growth in new infrastructure opportunities has reinforced the need to establish more focused human resource leadership in the Group’s construction business. As a consequence, Craig Lawrence has agreed to transfer from his role at corporate office to take up this challenge.

Craig has relocated to the Murray & Roberts Construction office at Elandsfontein where he will focus primarily on the demands of the Construction SADC cluster. Commenting on the appointment, Brian Bruce said: “I am pleased that we have been able to further strengthen our Construction SADC leadership capacity from within the Group.”

RUC MINING

Barry Upton was appointed managing director of RUC Mining Contractors on 1 August 2006. Barry is an Australian and a qualified mining engineer with extensive experience as a consultant and executive in the Australian and North American mining sectors. He has developed a track record in underground mining and will lead plans to expand our underground mining operations in Australia and Southeast Asia.

CONSTUCTION MATERIALS & SERVICES

Andrew Langham (46) joined the Murray & Roberts executive leadership team on 1 February 2007 and is located at corporate office. He will work with Keith Smith over the next few months with the object of succeeding Keith before the end of this financial year in his responsibility for the Construction Materials sector.

Andrew worked at Murray & Roberts between 1994 and 1998 as divisional financial director in the Contractors Group. He was active in the engineering services, mining and marine contracting operations both locally and internationally and from 1997, engaged the rationalisation of the properties and housing development operations.

Andrew was appointed financial director of publicly listed Avis Southern Africa in 1998, which also included operations in Scandinavia and Australia. The company was acquired by Barloworld and delisted from the JSE Limited in 2004 after which he was appointed Group Financial Director of Barloworld Motors.

Andrew studied for his BCom at UCT and served his articles with Ernst & Young. He spent his early career before Murray & Roberts as group finance manager of a Cape Town based national construction company which listed on the JSE Limited in 1991.

GROUP ACCOUNTING

Dhiren Singh has been appointed group accountant. Dhiren qualified with Deloitte as a Chartered Accountant in 2004 after completing a BCom (Hons) degree. He joined the Murray & Roberts corporate office in 2005 as an accountant in group accounting and has been responsible for consolidating and reporting for Murray & Roberts International.

FABRICATION

Caswell Makama (48) has rejoined the Murray & Roberts executive team. He worked in the Murray & Roberts Contractors Group from 1994 and was appointed managing director of the reconstituted Murray & Roberts Properties Group in 1997 before resigning to follow his own business interests in 1998.

Caswell is currently working with Edwin Hewitt in the fabrication cluster and Andrew Skudder on the Group’s industrial offset (NIPP) strategy and is supporting Brian Bruce on matters relating to the skills shortage in construction.

CORPORATE SOCIAL INVOLVEMENT

Andrew Skudder has taken group responsibility for Corporate Social Involvement (CSI) in addition to his existing commitments. He will lead and facilitate the activities of the Group’s CSI Committee.

Lerato Motaung has been appointed group CSI coordinator in addition to her existing commitments. Lerato joined the Murray & Roberts corporate office in 2006 as executive secretary to Andrew and played a key role coordinating the Letsema Khanyisa Employee Benefits scheme selection process. She will continue to drive that process in addition to her new CSI responsibilities.

CSI is an important indicator of global best practice in almost all business sectors and forms a cornerstone component of Murray & Roberts culture.