BROAD BASED BLACK ECONOMICAL EMPOWERMENT POLICY
AND SOCIAL RESPONSIBILITY

Through the years of developing this company to where it stands today both black skilled and semi-skilled labourers were part of the developing program and has always been in line with the present government's policy.

To conform to government legislation the company was restructured by selling the majority shares of 51% to two previously historical disadvantaged individuals namely, Messrs. Stephen Moloi as C.E.O.and Amon Xulu as Technical Director of the restructured company M.W. Beyers Armature Winding (PTY) LTD.

Both gentlemen are involved as owners, decision-makers and are key figures in daily operations.  This ensures an active participation by our empowerment partners and delivers real meaning to the transformation process.  The ventures have contributed both to the communities in which they operate and to M.W. Beyers Armature Winding PTY (LTD's) growth.

The company's procurement policy includes the purchasing of
services and goods from SMME's and B.B.B.E.E Companies.

M.W. Beyers Armature Winding PTY (LTD's) strategy regarding
affirmative action is aimed at the development of all its employees.  It believes that the promotion of a select few individuals is inappropriate.

Opportunities are created to enable previously disadvantaged
employees to prepare themselves to occupy more skilled and
responsible positions within the organization.  The promotion of education and training opportunities, both internally and externally for all employees is a key aspect of this strategy.