DSI South Africa Announces Compliance with the Mining Charter

08 February 2013

DSI South Africa (DSI SA) is pleased to announce that it has restructured the company to achieve compliance with the Mining Charter, and that it has received its certification.

Gwen Mahuma has acquired a minority stake in DSI SA and has agreed to join the Board of the company.

This is an important step forward in the development of the company and recognizes the importance attached by all shareholders and directors to black economic empowerment.

The Chairman of DSI SA, Nick Moses, commented: "We are very pleased to have completed this restructuring program. We have taken some time to find the right business partner, and are now delighted to welcome Gwen to the company. We look forward to her contribution to the future success of the business."

Patrik Nolåker, DSI Group CEO, commented: "This is an important milestone in the development of our joint venture in South Africa. We remain optimistic and committed to the long term future of mining in South Africa and the region."

For more information please contact:

DSI Underground GmbH

Phone: + 49-89-30 90 50-200