/ 6 August 2008

Private sector: Wiphold

Gugu Pride Duda
Wipcapital
Women Investment Portfolio Holdings Limited
Tel: +27 11 715 3500
www.wiphold.com

Gugu Pride Duda, a CA (SA), is a new member of Wipcapital’s infrastructure finance team. She has moved to Wiphold from First National Bank, where she was chief financial officer for the internet and telephone banking division. Her prior experience includes positions in finance, credit and risk at Rand Merchant Bank and Firstrand Bank.

Makhabu Gxoyiya

Assistant Group Financial Manager
Women Investment Portfolio Holdings
Tel: +27 11 715 3500
www.wiphold.com

Makhabu Gxoyiya, born in Qwaqwa in the Free State, matriculated in 1997 at Eunice Girls’ High School in Bloemfontein and went on to study for her BCompt degree at the University of Potchefstroom (now North West University). She has continued to add to her qualifications, earning a project management diploma at Damelin and completing a management development programme at the University of Pretoria. Before joining Wiphold in 2007, she worked as financial manager for Thermitresx and financial controller for GEA-Westfalia Separator SA.

Gugu Mthethwa
Investments Executive: Wipcapital
Women Investment Portfolio Holdings Limited
Tel: +27 11 715 3500
www.wiphold.com

Gugu Mthethwa, a CA (SA), joined Wiphold in 2001, where she has been engaged in corporate finance and Investment activities. She is a non-executive director of Distell Group Limited, ABB South Africa (Pty) Ltd, MCG Industries (Pty) Ltd and Landis+Gyr (Pty) Ltd.

She also serves on the audit committee of ABB South Africa (Pty) Ltd, Landis+Gyr (Pty) Ltd and Distell Group Limited. Her corporate finance experience includes advising government on Telkom’s initial public offering, the unbundling of Alexander Forbes from the Wiphold portfolio, the delisting of Wiphold from the JSE, the disposal of Vynide, a Sasol Polymers subsidiary, the valuation of Viamax for the purposes of an ESOP, and the valuation of SAA for the purposes of an ESOP.

Her investments activities include being involved in the evaluation, valuation and legal agreement negotiations for the acquisition by Wiphold of interests in the Old Mutual Group, Distell, Sasol Mining, SA Corporate Real Estate Fund and others. Mthethwa completed her articles in 2001 with PricewaterhouseCoopers. She is a chartered accountant and a member of the South African Institute of Chartered Accountants.

Tryphosa Ramano
Executive Director and Chief Financial Officer
Women Investment Portfolio Holdings (Wiphold)
Tel: +27 11 715 3600
www.wiphold.com

Tryphosa Ramano is the chief financial officer of Wiphold, a company operated and managed by women. She came to Wiphold from SAA, where she was the chief financial officer; among her multiple responsibilities was directing the company strategy, including financial and strategic planning, corporate governance reform, industry analysis and corporate restructuring.

She also served as chief director: asset management at the national treasury, where she was responsible for PFMA compliance and the restructuring of state-owned assets, including the listing of Telkom. Ramano qualified as a chartered accountant in 1996, completing her studies at the University of Cape Town and articles with PricewaterhouseCoopers. Her success rests on breaking down and restructuring processes to improve results, efficiency and cost effectiveness. She has a strong ability to recruit, train and lead successful teams. Ramano started the Institute of Investment Excellence at Rand Merchant Bank Asset Management and serves on a number of boards.

Yulandi van Dyk
Yulandi van Dyk.
Group Financial Manager and Taxation Manager: Wipcapital
Women Investment Portfolio Holdings Limited
Tel: +27 11 715 3500
www.wiphold.com

Yulandi van Dyk, a CA(SA), joined Wipcapital in October 2002. She was engaged as group financial manager and recently has become involved in investment activities. Van Dyk is a non-executive alternate board member of ABB SA. She came to Wiphold after a position in finance at Accenture and a post as audit manager at Ferreira, Venter, Laws and Nel.

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