MMI HOLDINGS LIMITED - Changes to the Board of MMI

Changes to the Board of MMI

MMI Holdings Limited

Incorporated in South Africa

(Registration number 2000/031756/06)

ISIN: ZAE000149902

NSX share code: MIM

JSE share code: MMI

"MMI" or the “Company"



CHANGES TO THE BOARD OF MMI

MMI wishes to advise its shareholders of Mr Blignault Gouws’ retirement

as a non-executive director from the Board of MMI Holdings (the “Board”)

with effect from 27 November 2013. Mr Gouws joined Momentum Life in 1983

as general manager and was appointed managing director in 1985. In May

1988 he became the managing director of Lifegro and the executive deputy

chairman of Momentum Life following the take-over of Lifegro in

November 1988. Mr Gouws was instrumental and contributed immensely to the

success of Momentum (now part of MMI) over the past 30 years. Mr Gouws

will continue to serve as a member on the MMI Actuarial Committee and MMI

Fair Practices Committee. The Board expresses its sincere appreciation to

Mr Gouws for his invaluable contribution to MMI over the years.



The Board is also pleased to announce the appointment of Mr Louis von

Zeuner, as a non-executive director of MMI, with effect from 1 January

2014. Mr von Zeuner completed 32 years service at ABSA and served as

Deputy Group Chief Executive from 2009 until 31 December 2012. He has

extensive business experience, including experience in audit, risk and

capital matters, particularly in the financial sector.      He currently

serves on the Boards of Telkom, Edcon, Eqstra, Afgri, Cricket South

Africa and Afrikaanse Handelsinstituut. The Board welcomes Mr von Zeuner.



Shareholders are further advised that Ms Mary Vilakazi did not stand for

re-election as a Board member at the MMI Annual General Meeting held on

27 November 2013. Ms Vilakazi will assume a new role as CEO MMI Balance

Sheet Management (BSM) from 1 May 2014. The current CEO of MMI BSM, Mr

Nigel Dunkley, will be transferred to the MMI office in London from May

2014.



Centurion

28 November 2013

Sponsor:

Merrill Lynch South Africa (Pty) Limited


Date: 28/11/2013 03:49:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.