Welcome ceremony for Rössing graduates
(28 January 2010)

Mike Leech, Managing Director Rössing Uranium Limited, explaining
"The way we work" to the graduates at the welcome ceremony.

Eight Rössing bursary recipients who successfully completed their studies in 2009 received an official welcome to the Company as young graduate professionals from the mine's senior management at a ceremony held in Swakopmund on Wednesday morning.

Zebra Kasete, Rössing's General Manager, Corporate Services welcomed the graduates as new employees and wished them all the best in their careers at the mine. He added: “Our vision is to have the right people in the right roles doing the right jobs right, the first time”.

The new employees' fields of study were Accounting, Mining Engineering, Human Resources, Electrical Engineering, Mechanical Engineering, Environmental Sciences and Geology.

According to Kasete, Rössing has once again reaffirmed its position to further invest in its human capital with the extended lifespan of the mine to 2023 with the number of new bursary holders increasing steadily over the years. He said that Rössing will spend about N$4 million on current and new bursary holders in 2010. The company awarded 12 new bursaries this year.

“As you may know Rössing has, for many of the 33 years of the mine's life, being offering a bursary scheme for tertiary students to qualify in fields that relate to our current and future business operations. Since 2005, Rössing has supported 66 students.

In 2009 the Company spent some N$18 million on training programmes for its employees, artisans and bursary holders.”

The group of eight graduate students, who just started their careers at Rössing Uranium Limited, pictured at the welcoming ceremony. The students are from left to right:

Paulus Nghikovali, Mechanical Engineering - University of Cape Town;
Paulus Hamunyela, Occupational Health,Safety and Environment
Cape Peninsula University of Technology;
Paul Basson, Mechanical Engineering - University of Stellenbosch;
Steven Massipa, Geology - Rhodes University;
Michael Festus, Human Resources Management - Polytechnic of Namibia;
Inekela Iyambo, Environmental Science - University of the Witwatersrand;
Valery Tjiute, Accounting - Cape Peninsula University of Technology;
Lesley Rhode, Mining Engineering - University of Johannesburg.

Also speaking at the event Rössing's Managing Director, Mike Leech, reminded the new graduates that: “Being part of Rio Tinto, Rössing's reputation stems from the shared core values which define the essence of who we are and who we will be, namely:

Accountability, Respect, Teamwork and Integrity”. He assured the young professionals that they are valuable assets to the Company and encouraged them to follow the lead of those who came before them.

Rössing Uranium is committed to the development of graduates within the business in order to increase our pool of professional people who are appropriately qualified and have the capability to fill leadership roles in the future. Over a period of 2 years graduates will be expected to demonstrate the capability to undertake work of differing levels of complexity and to develop appropriate leadership skills and attributes.

The Company has developed a Graduate Development Programme which assists graduates in their future careers and prepares them for future roles within Rössing and their lives ahead.

Issued by:
Corporate Communications and External Relations
Rössing Uranium Limited

Contact person:
Jerome Mutumba
Manager Corporate Communications and External Relations
Rössing Uranium Limited

Tel: 064 – 520 1080
064 – 520 2286