Contact: Cheryl Krauss
Bain & Company
Telephone: +1 646-562-7863
cheryl.krauss@bain.com

BAIN & COMPANY PROMOTES PERFORMANCE IMPROVEMENT EXPERT TIAAN MOOLMAN TO ITS SOUTH AFRICAN PARTNER GROUP

New York - March 24, 2010 - Veteran performance improvement expert Tiaan Moolman has been promoted to the partnership at Bain & Company, the global business consulting firm. His appointment was announced today by Vittorio Massone, head of Bain & Company's South African operations. Moolman is based in the firm's Johannesburg office.

Mr. Moolman joined the firm in 1995 and has worked in several offices, including London and Sydney, before permanently relocating to the Johannesburg office in 1999. He advises multinational and regional companies across multiple sectors, with a strong focus on developing and implementing sustainable performance turnaround strategies for multi-national and local mining houses, retailers and consumer goods companies. Additionally, he has expertise in corporate and business unit strategies, organizational design, merger evaluations, and private equity.

"It's my privilege to announce Tiaan's promotion to Bain's global partnership and to a leadership position within our Johannesburg office," said Massone. "He is a trusted advisor to our clients, helping them generate growth and achieve results despite such seemingly insurmountable challenges in today's economy. We look forward to the value he will continue to bring to our clients and our firm."

Mr. Moolman earned a Bachelor of Commerce, cum laude, and postgraduate degrees in Finance and Law from Rand Afrikaans University. He also qualified as a member of the South African Institute of Chartered Accountants and has served as a business plan evaluator and final round judge for Technoserve's Entrepreneurship Development Programme.

Prior to joining Bain, Mr. Moolman worked at Ernst & Young as an audit manager. He also worked at the law firm Webber Wentzel Bowens as their Financial Manager.

Mr. Moolman is the co-author of "Spotlight on Viability of SA Online Banking," which was published in Business Day in 2003. The article focused on challenges South African banks faced in developing sustainable Internet business models.

Editor's note: For more information about Bain's South African operations, or to schedule an interview with Tiaan Moolman, please contact Cheryl Krauss at email: cheryl.krauss@bain.com or +1-646-562-7863.

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About Bain & Company, Inc.

Bain & Company, a leading global business consulting firm, serves clients on issues of strategy, operations, technology, organization and mergers and acquisitions. The firm was founded in 1973 on the principle that Bain consultants must measure their success by their clients' financial results. Bain clients have outperformed the stock market 4 to 1. With 42 offices in 27 countries, Bain has worked with over 4,150 major multinational, private equity and other corporations across every economic sector. For more information visit: www.bain.com.