Primedia Limited Annual Report 2006 Annual Report 2006

Directorate

   PAUL NKUNA 54  NON-EXECUTIVE CHAIRMAN
[South African] Appointed 2000, MAP (Wits Business School)

Paul joined Mineworkers Investment Company in 1997 as executive chairman and in 2003 became chief executive officer, a position he currently holds. He began his career as a teacher before joining the mining industry in 1977. He joined the National Union of Mineworkers in 1984 and later served as Treasurer General and was instrumental in local government negotiations as chairman of the management committee of the Brakpan transitional local council. He also served in a number of executive structures within local government, including the Gauteng Association of Local Government (GALA) and the South African Local Government Association (SALGA). Paul serves as the non-executive chairman of Mathomo Limited and a director of FirstRand Limited. He also serves on the boards of a number of unlisted companies including South African Airways, British Petroleum SA (Pty) Limited, Council for Geological Science, Tracker Investment Holdings (Pty) Limited, Masana (Pty) Limited and Metrofile (Pty) Limited.

     
    
  WILLIAM KIRSH 45  CHIEF EXECUTIVE
[South African] Appointed 1993, BCom, BAcc, CA(SA), HDip Tax Law

From 1988 to 1991, William worked in the United States for investment bankers, Lehman Brothers, in the mergers and acquisitions division and subsequent to that, founded Primequity in 1993, which later became Primedia. He is the principal founder of Primedia and has been chief executive officer since the group listed on the JSE in April 1995.

     
    
  FUNKE IGHODARO 43  CHIEF FINANCIAL OFFICER
[Nigerian] Appointed 2001, BSc (Hons), FCA (England and Wales)

Funke joined Primedia in September 2001, as chief financial officer. She was previously managing director of Kagiso Ventures Limited, the private equity arm of Kagiso Trust Investment Company of which she was also executive director. Prior to this, she spent two years in the corporate finance division of Standard Corporate and Merchant Bank and a total of ten years with PriceWaterhouse London.

     
    
  FERDI GAZENDAM 48  EXECUTIVE DIRECTOR
[South African] Appointed 2000, BCom (Hons), CTA, CA(SA)

Previously chief operating officer of Primedia and chief executive of Ster-Kinekor Group, Ferdi was appointed chief executive officer of Primedia Content in September 2005. He started his career as an articled clerk with Deloitte & Touche. After three years with Deloitte in London, UK, he was appointed a director of Deloitte & Touche Consulting in South Africa. Before joining Primedia, he spent seven years at Teljoy Limited, the last few years of which he served as managing director of Teljoy Cellular Services: Prepaid & Subscriber Services.

     
    
  KUBEN PILLAY 45  EXECUTIVE DIRECTOR
[South African] Appointed 1998, BA, LLB, MCJ

Kuben joined Primedia as an executive director in May 2000 and was appointed as chief executive officer of the advertising division of Primedia in September 2002. An attorney by profession, he was the managing financial partner at attorneys Cheadle Thompson and Haysom before joining Mineworkers Investment Company in 1996 as a founding executive director. Kuben previously served on the boards of several public companies in which Mineworkers Investment Company had an interest. He was also a member of the Financial Services Board’s Consumer Advisory Panel.

     
    
  MELODY LEKOTA 35  EXECUTIVE DIRECTOR
[South African] Appointed 2006, MBA

Melody joined Primedia in March 2003 as the human resources executive for the group’s advertising business. In July 2004, she was appointed as the group human resources executive, becoming a member of the executive committee at the same time. She is responsible for managing all aspects of human capital development for the group. Prior to joining Primedia, she held various senior positions in human resources at Standard Bank, HSBC and the Bidvest Group.

     
    
  ISSIE KIRSH 71  NON-EXECUTIVE DIRECTOR
[South African] Appointed 1993

Issie is the founder of Radio 702, which he established in 1980. Radio 702 was one of Primedia’s first acquisitions and the catalyst that spearheaded the group’s rapid growth as a media company. He was also the group’s first chairman and held the position until Paul Nkuna’s appointment as chairman in June 2001. Issie is chairman of the Primedia Foundation which co-ordinates the group’s various corporate social investment programmes. He also serves as chairman of Primedia Education.

     
    
   TSHIDI MADIMA 43  NON-EXECUTIVE DIRECTOR
[South African] Appointed 2002, BA (Hons), MA (Accounting and Financial Economics)

Tshidi is currently executive director of Mineworkers Investment Company. Prior to joining Mineworkers Investment Company in September 2000, Tshidi was general manager of Equal Access Consulting and held various financial positions with ABSA Asset Management, RMB Asset Management and Momentum Life. Tshidi is also a non-executive director of Primedia Broadcasting, Africa on Air, Primedia Outdoor, BP Southern Africa and Momentum.

     
    
   PETER MAW 45  NON-EXECUTIVE DIRECTOR
[South African] Appointed 1993, BCom (Hons), CA(SA), HDip Tax Law

Peter was one of the founders of Primedia and has been with the group from inception. Prior thereto, Peter was with Standard Merchant Bank in Corporate Finance. He was responsible for the Primedia group’s corporate finance activities from 1992 to 2004. Peter is also a non-executive director of Massmart and now heads the private equity interests of the Oppenheimer family in South Africa.

     
    
   MIKE BOSMAN 45  INDEPENDENT NON-EXECUTIVE DIRECTOR
[South African] Appointed 2002, BCom (Hons), LLM, CA(SA), AMP

Mike was appointed as chief executive officer of One Digital Media in October 2006. From 2004 to 2006 he served as group chief executive of the advertising agency group TBWA in South Africa and Africa. He was previously president and chief operating officer of FCB North America based in New York. Prior to that, he was the chairman and chief executive officer of Lindsay Smithers FCB (now FCB South Africa).

     
   NOMHLE CANCA 41  INDEPENDENT NON-EXECUTIVE DIRECTOR
[South African] Appointed 2003, BA (Political Science and Economics)

Nomhle was a registered investment advisor in the USA. Her work experience has been with the US Government, Merrill Lynch, Smith Barney Harris Upham Brokerage House and Oppenheimer & Co. On her return to South Africa in 1991, she worked for Anglo American. Her entrepreneurial career began in 1994 as a founder of Women Investment Portfolio (WIPHOLD), which she left after ten years to start a private equity company, Canca Financial Services (Pty) Limited. In September 2004, Nomhle took up the position of chief executive officer at Blue IQ Investment Holding (Pty) Limited.

     
    
   HUMPHREY KHOZA 59  INDEPENDENT NON-EXECUTIVE DIRECTOR
[South African] Appointed 2002, BSc

Humphrey is currently non-executive chairman of Orion Technologies, Nigeria, the licensed operator of the Lagos State Lotteries. He was previously the chief executive officer of Uthingo Management, the licensed operator of the South African National Lottery. Prior to joining Uthingo, Humphrey worked for Shell Oil South Africa for fourteen years and Nestlé South Africa for eleven years as director of corporate services and director of human resources respectively. In 1994, Humphrey was seconded to the Independent Electoral Commission as chief director of communication. Humphrey also previously served as the president of the South African Chamber of Business for two years as well as deputy president of the Black Management Forum.

     
    
   CHRIS SEABROOKE 53  INDEPENDENT NON-EXECUTIVE DIRECTOR
[South African] Appointed 1993, BCom, BAcc, MBA, FCMA

Chris has been a director of more than twenty JSE listed companies over the years. He is currently the chief executive officer of Sabvest Limited, non-executive chairman of Massmart Holdings, Metrofile Holdings and Setpoint Technologies, a director of Datatec and a director of Nasdaq listed Net1 U.E.P.S Technologies Inc. He is a former chairman of the South African State Theatre, and former deputy chairman of both the inaugural National Arts Council and the founding board of Business & Arts South Africa, BASA.

     
    
   BHEKI SHONGWE 51  INDEPENDENT NON-EXECUTIVE DIRECTOR
[South African] Appointed 1999, BA (Econ), MBA, ACIS, FCIBM

Bheki is currently managing director of Metrobus (Pty) Limited and was previously deputy managing director of Fleet Africa (Pty) Limited. He has extensive operational experience at senior management levels in various sectors and was previously an executive director of Primedia. He holds non-executive directorships in Highveld Steel and Vanadium Corporation, Sabvest Limited, Air Traffic and Navigation Services Limited and is the founding chairman of Matsamo Global Investment Holdings (Pty) Limited.

     
    
   SINDI ZILWA 39  INDEPENDENT NON-EXECUTIVE DIRECTOR
[South African] Appointed 2002, BCompt (Hons), CTA, CA(SA)

Sindi is the chief executive officer of Nkonki, one of South Africa’s leading black accounting firms, which she co-founded in 1993. Sindi is also a director of Woolworths, Discovery Health, Strate Limited and Ethos Private Equity Limited. She is also a member of the SAICA Education Committee, a member of SAICA Banking Project Group and the GAAP Monitoring Panel and the chairman of the BUSA Standing Committee on Transformation. Her past directorships include The Transkei National Building Society, The South African Mint, The South African Reserve Bank Cell Captive Insurance Company, WIPHOLD, Telkom and the Public Accountants and Auditors Board. In 1998, she won the business woman of the year award presented by The Executive Women’s Club.