Response to speculation of North Korean involvement in FNB Stadium

Grinaker-LTA, a subsidiary of The Aveng Group, which is responsible for the construction of the FNB Stadium stadium in partnership with Interbeton and Cimolai SpA, categorically rejects claims that North Korean workers have been involved in the construction of the stadium. Speculation arising from various reports out of North and South Korea, today, Monday 15 March 2010, is inaccurate.

FNB Stadium Project Director, Mike Moody of Grinaker-LTA commented; “Ninety-eight percent of workers that played a role in the construction of the stadium were South Africans. In instances where skills were not readily available, international workers were employed through our partnerships with Interbeton of the Netherlands and Cimolai SpA of Italy, although none of these were from Korea.”

The Aveng Group and Grinaker-LTA are committed to sustainability beyond the building of the stadium, which is a significant addition to the Johannesburg landscape. “FNB Stadium has contributed R512 million worth of procurement investments to broad-based black economic empowerment companies and a total of 4,700 job opportunities for the local community,” Moody added.

- Ends -

Notes to editors:
• The stadium was completed ahead of schedule and will host both the opening and final matches of the 2010 FIFA World Cup.

For further information, please contact Mike Moody (FNB Stadium Project Director)
Tel: +27 (0) 82 419 0257
Grinaker-LTA is a division of The Aveng Group

Issued by Brunswick on behalf of The Aveng Group
Tel: + 27 (0)11 502 7300
Fax: + 27 (0)11 268 5747
Felicity Hudson Tel: +27 (0) 71 680 0234
Iris Pilane Tel: +27 (0) 71 680 0236