Institute

	Dear IoD Members Non-financial performance, embodied in the concept of sustainable development (SD), significantly and increasingly impacts on the viability of companies. SD can be seen as a strategic business framework for integrating economic, social and environmental issues affecting the business. Corporate governance is the systems, policies, rules and structures put in place to implement and manage that framework in an ethical and transparent way. Sound management of sustainable development issues (sometimes referred to as non-financial risks) has been shown to contribute to financial viability of business. The IoD in conjunction with Julie Stacey, Vice-Chairman of the IoD’s Sustainability Porfolio Committee, has developed a survey relating to sustainable development, as to assess the current understanding of SD issues within the IoD membership terms of; Julie Stacey (i) the scope of issues addressed by SD; (ii) the importance of SD to achieving business objectives and the value of the business case for SD; (iii) the interrelationship between SD and corporate governance; (iv) the role and liability of directors in relation to non-financial business matters, and (v) the interplay between personal and business values in respect of SD. We believe that the issues raised by this survey will provide IoD with some of its direction in the coming years with respect to sustainable development. The survey results will help guide the strategy and determine the tools that IoD should be looking at to assist its membership. In this way, the results of this survey will guide the IoD to take a leadership stance on sustainable development, as has been the case with financial governance. One of the core issues relating to sustainable development is climate change. From a business perspective, climate change presents both risks and opportunities in the financial and non-financial arenas. A strong proponent of addressing climate change, Al Gore created a documentary on climate change, entitled “An Inconvenient Truth”, which has raised the level of debate on the topic significantly. The IoD is privileged that Mr. Gore will be speaking at the 4th Annual Business Update Conference in Johannesburg 19 & 20 June 2007 at the Sandton Convention Centre. See below for further details. Sustainable development is such a crucial issue for companies that we ask you to download and complete the attached survey and fax it back to 011-484 1416 by Monday, 30 April 2007. This will help guide the IoD in how best to serve its members on this challenging issue. The survey will take at most 12 minutes to complete. Click here to download the survey form We thank you in advance for your participation and we look forward to publishing the results in the near future. Kind regards Tony Dixon Executive Director DON'T FORGET...

	Executive Capital As part of the ongoing process of seeking to add more value to our members, we are pleased to introduce a new affinity partner, Executive Capital. Executive Capital focuses on providing executive director remuneration, online for all locally listed companies. IoD members will enjoy a discounted price for the existing executive director product. A further product focusing on non-executive director remuneration will also be made available in the near future, also at a discounted price to IoD members. More>> getAbstract We trust you are now using your getAbstract Subscription which is included in your IoD Membership and that your are receiving full value from the IoD’s investment in this service. More>> The Big Picture IoD Special View these exclusive IoD accommodation offers. Choose from a range of Game Lodges, exclusive Guest houses and Luxuary apartments and Villas. More>> Imperial Imperial Car Rental have put together exclusive rates for IoD members, including discounts at Executive Carports at OR Tambo and Imperial Chauffer driven transfers. More>>

	Be sure to book your seats in advance to avoid disappointment! Look out for more detail to follow on our New Companies Act seminar. Introduction to Corporate Governance & King II 19 April 2007 - Jhb - fully booked 24 April 2007 - Cpt - fully booked An introduction to governance principles and the King II report. More>> Market Abuse - understanding Insider Trading 20 April 2007 - Jhb This presentation with assist delegates to become familiar with Insider Trading and the Securities Services Act - 2004 and the implications for directors. More>> Lessons from LeisureNet - back by popular demand Roadshow scheduled for various dates and cities throughout SA Pietermaritzburg: 20 April Bloemfontein: 21 June East London: 9 July Port Elizabeth: 10 July Cape Town 2: 16 July Johannesburg 3: 18 July More>> Being a Director: Part 1 - A practical approach to implementing Corporate Governance 9 May 2007 - Dbn The purpose and tasks of the Board, including Director's duties, responsibilities, powers and liabilities. Selecting and implementing a governance structure appropriate to different to different stages of a company's lifecycle. More>> Building Effective Audit Committees 10 May 2007 - Jhb Understand the role and function of an audit committee and how to improve its effectiveness. More>> Effective Meetings - managing the meeting process 17 May 2007 - Jhb Overview on conducting effective board meetings including: agendas, minutes, overcoming politics and the role of the Company Secretary. More>> The Director’s Role in Risk & Strategy 29 May 2007 - Dbn Overview of strategy and risk management processes from a governance perspective. Using risk and strategy to gain strategic advantage, and to avoid personal liability. More>> Finance for Directors 31 May 2007 - Jhb - fully booked Taking a typical Financial Board Pack as the basis for a day’s discussion, this session is designed to empower directors to understand the financial position and performance of their companies; and enable non-financial directors to ask probing questions in relation to the information presented. More>> For more information or registration for any of the above or to see what other programmes are upcomming, please call Portia Gumede - 011 643 8086 / portia@iodsa.co.za or visit www.iodsa.co.za

	GAUTENG IoD 4TH ANNUAL BUSINESS UPDATE CONFERENCE The #1 conference for Business Leaders. Custodian of Corporate Governance in South Africa and a leader in director development and board learning the IoD is proud to present the 2007 Business Update Conference featuring Former Vice President Al Gore presenting 'An Inconvenient Truth." Where: Sandton Convention Centre, Johannesburg, South Africa When: 20 Jun 2007, 07:30 Click here to book PRE-CONFERENCE DINNER FOR IoD MEMBERS WITH GUEST OF HONOUR, FORMER VICE PRESIDENT AL GORE Open to members of the Institute of Directors who will receive a separate invitation to the pre-conference dinner event. When: 19 Jun 2007, 18h30 For more information and to book, click here BROAD-BASED BEE: DECODED This seminar will provide an overview of the final Codes which were published in the Government Gazette on 9 February 2007, the likely effect this will have on businesses, and practical implementation issues. Key focus areas: - Overview of the Final BEE Codes - BEE Verification Process, Agencies and Inconsistencies - Why BBBEE is necessary - The History of BBBEE - Is BBBEE succeeding? - Implementation Procedures - Corporate Governance & BBBEE Presenters: Tony Balshaw, Roger Latchman and Kosta Babich. Gauteng: 7th May click here to book KwaZuluNatal: 15th May. click here to book Western Cape: 16th May. click here to book KWAZULU NATAL THE NEED FOR PARTNERSHIPS IN FIGHTING CRIME The Institute of Directors and Business Against Crime - Kwa Zulu Natal would like to invite you to join Advocate Shamila Bathohi (Provincial Director - Public prosecution - Kwa Zulu Natal) and Prof. Mohamed Seedat (Unisa), Russell Curtis (Acting CEO Durban Investment Promotion Agency) and Kelvin Glen (Managing Director – Business Against Crime - Kwa Zulu Natal) The need for partnerships in fighting crime Adv. Shamila Bathohi Fatal Injuries in eThekwini: Profiles, Priorities & Proposals for City-level Prevention Prof Mohamed Seedat What you can do to reduce crime Kelvin Glen Durban’s Super Seven Russell Curtis Where: Durban Country Club, Walter Gilbert Road, Durban When: 20 Apr 2007, 07h30 and 17 May 2007, 17h30 For more information and to book, click here WESTERN CAPE TAX AVOIDANCE - THE NEW RULES AND WHY YOU NEED TO BE WORRIED. PRESENTED BY DES KRUGER OF MALLINICKS Cocktail snacks will be served. The presentation will commence at 18 Exhibition Room, UCT - GSB, Portswood Road, Waterfront When: 17 May 2007, 17h30 For more information and to book, click here MEMBERS' COCKTAIL FUNCTION WITH BRIAN SCHREUDER, DEPUTY DIRECTOR GENERAL, EDUCATION, PLANNING AND DEVELOPMENT Hear about how your company could beneficially play a role in the growth of business and the economy through initiatives in education. Directors will be given the opportunity to hear sound bytes on fellow members and their businesses Where: Private Dining Room, Time-Out Café, Breakwater Lodge, Portswood Road, Waterfront When: 2 May 2007 click here for more information INTERNATIONAL CORPORATE GOVERNANCE NETWORK 12TH ANNUAL CONFERENCE CORPORATE GOVERNANCE - SEIZING THE INITIATIVE This is a premier international conference led by prominent international figures and leading experts. Key issues in global corporate governance including hedge funds, private equity, shareholder accountability, board performance. The roles of regulators and whether the interests of stakeholders are taken into account in investment decisions will be debated. The two-day programme is structured to elicit a high degree of interaction between delegates and speakers in plenary, breakout and hot topic sessions. In conclusion, the conference will draw up a priority agenda for future action Where: Cape Town International Convention Centre When: Wednesday 4 to Friday 6 July 2007 For more Information go to www.icgn2007.org or contact Sue de Waal, Successful Events at icgn@successfulevents.co.za or 011 706 4339 YOUR PERSONALITY STYLE: DOES IT SET YOU UP TO SUCCEED OR DO YOU SOMETIMES FEEL YOU ARE SINKING? Please note: this function has been rescheduled to the 17th of May. More information to follow.

	The Contemporary Gazette Newsletter As a member of the IoD you have full access to IoD Direct Law, and do not need to register or make any payments. To access the latest issue - click here>>

	This concludes the first edition of the IoD e-Zine. As mentioned earlier, we would welcome your comments and feedback. You can direct those to iodsa@iodsa.co.za. Kind regards