1. Budget & Tax Update 2007 March to April 2007

2. SDL Structure 20% National Skills Fund 70% Employer Grants 10% Admin SDL paid to SARS Financial Year 1 Apr 07 – 31 Mar 08 ATR 06/07 & WSP 07/08 50% - due 30 June 2007 SCG 07/08 20% - due 31 March 2008 in respect of training period 1 January 2007 to 31 December 2007 Unclaimed levies Rollover funds decided annually by Management Board

3. Fasset Strategy Strategic Areas:  Decided annually by Fasset Management Board  Lifelong Learning (LL) also available to SDL-exempt members who register with Fasset as an employer  Used to guide Development Projects e.g. Work readiness  Strategic Cash Grant criteria  Learnership Cash Grant structure Importance of Scarce Skills in the Fasset sector Fasset’s Sector Skills Plan contains a Scarce Skills list, download off website This list is vital for all within the Fasset sector, to ensure proper interventions More black and disabled individuals needed in the sector SMME support needed

4. Lifelong Learning 2007 March  Budget & Tax Update  National Credit Bill?  Finance for Non- financial Managers? April  Budget & Tax Update  National Credit Bill?  Finance for Non- financial Managers?  SDF Intro (19) May  Project Management June July  SDF Emotional Intelligence August  BEE Codes September  SDF LL October  Ethics November  SDF LL

5. Learnership Cash Grant  2006/7 due 31 March in respect of learners commencing 1 April 2006 to 31 March 2007  2007/8 due 31 March 2008 in respect of learners commencing 1 January to 31 December (3 month overlap - same as SCG)  Criteria Black and/or disabled Firms 150 or less Firm to be registered with Fasset (as NLP or SDL payer) Not only Fasset learnerships. See website for list of other Seta learnerships 1 year learnership R 10 000 2 year learnership R 15 000 3 year learnership R 25 000  Extension requests required before deadline

6. Other   SCG 06/07 20% - due 31 March 2007   Free ABET registration & assessment available in all provinces. Contact Samson on 011 953-1663.   Certificates for event attendance available on Fasset database to Fasset registered firms only – contact call centre for logon information   FSA intervention begins 1 April 2007   Customer Satisfaction Survey   3 development projects approved in October 2006 Bonani NQF level 6 – 400 learners (finance environments) Itukisa NQF level 6 – 30 learners (finance environments) Thusanani NQF level 5, 6 and 7 – 200 learners (finance & non- financial environments)   R 144 000 000 has been allocated to the 48 projects to date

7. Thank You Contact Details Call Centre: 086 101 0001 Website: www.fasset.org.za