Capital Appreciation Limited are deeply saddened to report the passing of its Lead Independent Non-Executive Director, Jacob "Meyer" Kahn. Meyer Kahn was an extraordinary and distinguished corporate leader, with an impeccable record of sound judgement, always faithfully directed by the most noble of principles. He was an inspiration to his Board colleagues, including management, having a captivating personality and always generously providing advice and counsel through his vast business experiences. Meyer had a long and distinguished career, not only as Chairman and CEO of certain of South Africa's large Corporations, never forgetting his immense contribution to the national transformation of South Africa's Police Services, at the specific request of then President, Nelson Mandela. Since Meyer's retirement from active
employment, Meyer continued his patriotic commitment, by supporting and sponsoring several BEE enterprises and other community initiatives, once again revealing his fundamental goodness and morality.