Executive Directors
                                        TD Moolman (Chief Executive Officer) 
                                        Terry is the founder of Caxton and CTP Publishers and Printers Limited.
                                    
                                        TJW Holden (Managing Director) (Financial Director) 
                                        BCom, CA(SA) 
                                        Tim joined the group as group general manager: finance
                                        in 2003 and was appointed as financial director in 2006.
                                        He is a qualified chartered accountant and has
                                        had a number of years experience in the retail and
                                        manufacturing industries. Tim has been the financial
                                        director of a number of companies. In addition, he has
                                        also held a number of senior and executive operational
                                        posts within these companies.
                                    
                                        L Witbooi (Managing Director: Western Cape Operations) 
                                        MBA 
                                        Leon has an MBA from the University of Cape Town
                                        and has been with the group for 27 years in a variety of
                                        positions. He currently heads the group's Western Cape
                                        commercial print and packaging operations.
                                    
Non-Executive Directors
                                        PM Jenkins* (Chairman) 
                                        BCom, LLB 
                                        Paul qualified at Randse Afrikaanse Universiteit with
                                        BCom and LLB degrees and was admitted as an attorney
                                        and notary in February 1986. He became a partner of
                                        Webber Wentzel in 1988 and left his position as senior
                                        commercial legal partner in 1999 to join the Johnnic
                                        group full time. In this capacity he served as a director
                                        of numerous listed companies and was CEO of Johnnic
                                        Entertainment. He is currently self-employed and provides
                                        business and legal advisory services to a select group
                                        of clients.
                                    
                                        ACG Molusi* 
                                        BJournalism, MA 
                                        Connie has been involved with the media industry for
                                        many years and holds a number of directorships.
                                    
                                        NA Nemukula* 
                                        Albert qualified as a teacher and has a marketing sales
                                        diploma. He has taught at various high schools and was
                                        responsible for marketing and publishing at Juta & Co.
                                        He has several business interests in publishing and printing,
                                        jewellery and retail stores.
                                    
                                        JH Phalane*  
                                        BA, LLB, LLM, MCom, MBA 
                                        Jack qualified as a teacher in 1996 and then went on
                                        to study at Wits University where he graduated with
                                        BA, LLB, LLM and MBA degrees. He also obtained an
                                        MCom (Taxation) degree from the North-West University
                                        (Potchefstroom) in 2006. He became a partner at
                                        Fluxmans in 2007. He practices as a commercial attorney
                                        at Fluxmans, specialising in mergers and acquisitions.
                                    
                                        T Slabbert* 
                                        BA, MBA 
                                        Tania is a co-founder and non-executive director of
                                        WDB Investment Holdings Proprietary Limited and
                                        previously served as its CEO for 12 years. She has held
                                        numerous past directorships and also serves as a Trustee
                                        of the Energy Mobility Education Trust.
                                    
* Independent non-executive
