Change To The Composition Of The Board Of Directors

Change To The Composition Of The Board Of Directors

Appointment of independent non-executive director

This announcement is published in accordance with paragraph 3.59 of the JSE Listings Requirements.

The Board of Directors wishes to advise that Thembisa Dingaan has been appointed as an independent non-executive director with effect from 1 June 2016.

Thembisa, (BProc, LLB, LLM, H Dip Tax), is a qualified attorney, admitted to the New York State Board in 1998. She obtained her BProc and LLB qualifications from the University of Natal, a Master of Laws (LLM) degree from Harvard University and a Higher Diploma in taxation from the University of the Witwatersrand.

Thembisa holds directorships on the boards of Absa Bank Limited, Telkom SOC Limited, Imperial Holdings Limited and Sumitomo Rubber South Africa (Pty) Ltd. She was formerly a Board member of the Development Bank of South Africa.

The Board welcomes Thembisa and is confident that her appointment will enhance the expertise available to the business.