KAP INDUSTRIAL HOLDINGS LIMITED - Changes To The Board Of Directors Of KAP

Changes To The Board Of Directors Of KAP

KAP Industrial Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 1978/000181/06
Share code: KAP
ISIN: ZAE 0000171963
(“KAP” or “the Company”)


KAP Industrial Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 1978/000181/06
Share code: KAP
KAP002
KAP003
KAP005
KAP006
KAP007
KAP008
KAP009
KAP010

CHANGES TO THE BOARD OF DIRECTORS OF KAP

In accordance with paragraph 3.59(a) of the Listings Requirements of the JSE Limited,
(“JSE LRs”) shareholders are advised that Mr TLR (Theodore) de Klerk and Mr LJ (Louis)
du Preez have been appointed as non-executive directors to the board of KAP (“the
Board”), with effect from 1 October 2017. Their respective curriculum vitae are
summarized as follows:


-   Mr Theodore de Klerk (47)
    B Com (Hons), CTA, HDip(Tax), CFM

    Theodore is an executive in Steinhoff’s International Group Services Division, serving
    as a director on the boards of several Steinhoff operating companies and managing
    strategic projects on behalf of Steinhoff. He joined Steinhoff in 2003 at which time he
    was responsible for mergers and acquisitions, corporate advisory services and
    investor relations. From 2008 to 2015 he served as the Chief Executive Officer of
    SteinBuild. After completing his articles he worked in the corporate taxation divisions
    of Ernst & Young and Deloitte respectively. Prior to joining the Steinhoff group, he
    was the financial director of Murray & Roberts’ marine construction operation and
    spent five years with Gensec Investment Bank. He also holds an alternate
    directorship in the IEP Group (Pty) Ltd.

-   Mr Louis du Preez (48)
    BCom, LLB

    Louis qualified as an attorney of the High Court of South Africa in 1997 after
    completing his articles. He joined Jan S de Villiers and was admitted as a partner of
    the firm in 1998. With the merger of Werksmans Attorneys in 2009, he became a
    member of the national executive committee of the combined firm and served as such
    until early 2017. As a practising attorney, Louis specialised in corporate and
    commercial matters. Louis joined Steinhoff as General Counsel in mid-2017.

In accordance with paragraph 3.59(b) of the JSE LRs, shareholders are also advised that
Mr MJ (Markus) Jooste and Mr AB (Ben) la Grange have resigned as non-executive
directors from the board of KAP with effect from 1 October 2017 in order to increase their
focus on the respective activities of Steinhoff International Holdings NV and the recently
listed Steinhoff Africa Retail Limited (“STAR”).

The Chairman of the KAP board, Mr J (Jaap) de Vos du Toit, commented as follows on
the afore-mentioned board changes:

“On behalf of the board of KAP I convey our sincere gratitude to Markus and Ben for the
valuable contributions which they have made towards the success of KAP. Markus has
served on the board of KAP for 13 years while Ben has served on this board since April
2012. We wish Markus and Ben every success in their exciting endeavours at Steinhoff
and the recently listed STAR.

It also gives me great pleasure to welcome Theodore and Louis to the board. They bring
a diverse mix of knowledge, skills and expertise which will bring new insights and fresh
perspectives to the deliberations of the board. I am excited about these appointments and
I look forward to Theodore’s and Louis’ future contributions to KAP.”

By order of the Board
Steinhoff Secretarial Services (Pty) Ltd: Company Secretary
29 September 2017

JSE Sponsor:

PSG Capital

Date: 29/09/2017 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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