Vodacom announces changes to Group Board of Directors

Vodacom today announced changes to its Group Board of Directors. Tom Boardman has stepped down from the Board with effect from 30 October 2011, in the light of his other commitments. Vodafone Group Commercial Director Morten Lundal has stepped down from the Board with effect from 3 November 2011 and has been replaced by Ms Karen Witts (MA, ACA (UK)) with effect from 4 November 2011. Karen is the Regional Chief Financial Officer of Vodafone: Africa, Middle East, Asia and Asia Pacific. Karen joined Vodafone on 1 June 2010 and was the former Chief Financial Officer of BT Retail and Managing Director: Enterprises at British Telecom.

In March 2012, Mr Rob Shuter, Chief Financial Officer and Executive Director of Vodacom Group will be seconded to Vodafone and will be taking up the post of CEO of Vodafone Netherlands. As a result, Rob will step down from the Board of Vodacom Group at that time. "We thank Tom and Morten for their valuable contribution to the Board, and welcome Karen," said Peter Moyo, Chairman of Vodacom Group. "While Rob will be sorely missed, he had been presented with an exciting opportunity as CEO of Vodafone Netherlands and we wish him much success in his new role. "It is clear from these and other developments that Vodacom's relationship with Vodafone creates growth and development opportunities for the people of Vodacom." A process has been initiated to identify Tom's and Rob's replacement at Vodacom Group.

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