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| ANNOUNCEMENT
April 2010 Dear Clients and Candidates Closure of Source Recruitment (Pty) Ltd The directors of Source Recruitment regret to inform you that after 11 years of trading we are winding up the business and closing the doors as at 31 March 2010. The last 18 months have seen tough trading conditions in our industry resulting in our inability to maintain a good cash flow position. At the end of February this came to a head and the directors, in consultation with our auditors, made the tough decision to close the business. The directors as well as the staff of Source Recruitment would like to take this opportunity to thank you for your loyal support over the years. We wish you all the best for the future. My colleague Varsha and I will be available during the month of April to attend to any administrative issues. Should you have any queries please do not hesitate to contact us on the numbers below. Once again thank you for your loyal support.
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