Richard A. Boustred

Director

INTRODUCTION:

Mr. Boustred was largely responsible for building Scaw Metals, a leading international supplier of locomotive, passenger and freight car components and cast steel railway wheels. With 6,200 employees, 1995 revenue of R1,1 billion and earnings of R123 million, Scaw represents one of the industries leading steel works.

Having directed and Chaired a number of significant international corporations, Mr. Boustred brings a wealth of international business experience and know-how to the team. Mr. Boustred is also an early investor in InfoTelesys.

KEY EXPERTISE:

Successfully Built and Managed Large-scale Enterprises
Significant International Business Experience

EXAMPLES OF PAST PROFESSIONAL EXPERIENCE:

Managing Director & Deputy Chairman: Scaw Metals Ltd.

SCAW's Four divisions:

Foundry Division:

The Company's Production Facilities include two coal-based direct reduction plants, a melt shop comprising a 70 tone UHP EBT arc furnace; ladle furnace; four-strand continuous casting machine combination, six steel and iron foundries, three rolling mills, grinding media production plants, and three machine shops with associated fabrication facilities.

Rolling Mills Division:

Three rolling mills producing mild and high-tensile reinforcing steels, nut, bolt and rivet steels, spring steels, free-cutting steels and low alloy and general engineering quality steels.

Grinding Media Division:

Forged, cast steel and high chromium high carbon cast iron media.

Machining and Fabrication Division:

This Division comprises three machine shops, which machine components up to seven meters in diameter and 50 tones in weight.

Scaw's principal subsidiary companies are Flather Bright Steels (Proprietary) Limited, a supplier of bright drawn bar, and Rand Scrap Iron and Metal Company (Proprietary) Limited, which process and market steel scrap; while Scaw owns an equal partnership with a Belgian associate, Magotteaux International S.A., and a foundry operation in Chile named Proacer Ltda.

Director: Anglo American Industrial Corporation

With 151,082 employees and a 1998 Market capitalization of R54,5 billion (US$11,0 billion) with 1997 Revenue of R27.9 billion ($6B) and earnings of R5 billion (US$1 billion), Anglo American is one of the world's foremost mining and industrial enterprises, exporting products from to more than 75 countries.

Some better know Anglo American subsidiaries:

De Beers, the Worlds leading diamond company.
Amcoal, one of the largest private sector producers of coal in the world.
Amplats, the global leader in the production of primary platinum group metals.
Anglogold, a leading gold mining company.
FirstRand, one of South Africa's major financial services groups, with interests in banking, insurance and asset management.
Minorco, a leading international natural resources company.

AMIC, a major diversified industrial group, with a growing export business, consisting of twelve operating subsidiaries and eleven principal associates and long-term investments, covering multiple industrial sectors:

Iron, steel, stainless steel, aluminium and engineering
Commercial explosives and chemicals
Mining and construction equipment, tools and contracting services
Pulp, paper, board, forestry, and timber products
Sugar and food
Electronics and electrical engineering
Freight and travel
Motor vehicle assembly, components, and distribution
Furniture, appliance and clothing retailing; and
Building and construction

AMIC has joint ventures with partners such as ABB, Alcatel, Bechtel, CPC, Daewoo, Ford, ICI, Komatsu, Mitsubishi, Norsk and Svenska Cellulosa. While AMIC maintains manufacturing facilities in Africa, North America, Central and South America, in Europe, and in India, Australia and South East Asia.

Chairman of N F Die Manufacturers

Die Manufacturer

Chairman Al Automobile Castings

Manufactures wheels pistons & pistons rings primarily for BMW Germany.

Chairman Kolbenco ( Ex Karl Smidt of Germany )

Formerly Karl Smidt of Germany. Manufactures piston assemblies.

Director Haggie Ltd

Haggie is one of the leading steel wire rope manufacturers in the world, contributing to South Africa's leading position in deep level gold mining.

Director Flather Bright Steels (Pty),Ltd.

Supplier of bright drawn bar.