Shareholders were advised on 27 August 2014 that Ilan Zwarenstein had submitted his resignation effective 28 February 2015 and intended to leave the Group to pursue other interests. The search process to engage a new Chief Financial Officer is at an advanced stage and Massmart anticipates making an announcement in this regard shortly. In the meantime, we are pleased to advise that Ilan Zwarenstein has agreed to continue in his current role for an extended period and to assist with the transition. His resignation will accordingly not take effect on the original date of 28 February. Further announcements will be made in due course.