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CAV / Announcements

NZSX Listing Rule 3.3.3 (a) - Independence of Directors

9:56am, 29 Nov 2011 | DIRECTOR

The Board of Directors of Cavalier Corporation Limited advises that it has determined, pursuant to Listing Rule 3.3.3 (a), that the following directors are, in its view, Independent Directors of the Company:

Mr Graeme Scott Hawkins

Mr Donald William Huse

Mr Alan Michael James

Mr Keith Leslie Thorpe

Mr Grant Conrad Webber Biel is not an Independent Director because he is an associate of a substantial security holder in the Company.

Messrs Wayne Keung Chung and Victor Thien Soo Tan are not Independent Directors because they are executives of the Company.

V T S Tan
Finance Director and Company Secretary
29 November 2011