PPC LIMITED - Update on the Appointment of the PPC Board Chairperson

Update on the Appointment of the PPC Board Chairperson

PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE000170049
("PPC" or the "Company")


UPDATE ON THE APPOINTMENT OF PPC BOARD CHAIRMAN


Shareholders are referred to the results of the annual general meeting announcement
published on SENS on 26 January 2016, wherein shareholders were advised of the
retirement of the Chairman of the PPC Board (“Board”), Mr Bheki Sibiya.

The Company continues to embark on a rigorous selection process to find a suitable
candidate to succeed Mr Sibiya. It is anticipated that within the next six months
an appointment will be made, and shareholders will be advised accordingly.

In the interim period, the Board has appointed Mr Peter Nelson as an interim
Chairman, until such time as a new Chairman is appointed. The Board believes that
Mr Nelson’s qualifications and experience will enable him to appropriately guide
the Board and the company until such time as the selection process has been
completed.


Mr Nelson was appointed to the Board as an independent non-executive director on 25
January 2015. His experience covers manufacturing, mining, telecommunications,
healthcare, leisure, property, packaging and the motor industry in listed and
private entities in South Africa, the United Kingdom, Zimbabwe and Nigeria. He has
served as CFO on several Boards including Telkom, Netcare and Mondi.


Sandton
30 March 2016

Sponsor
Merrill Lynch South Africa (Pty) Ltd


PPC:
Azola Lowan
Tel: +27 (0) 11 386 9000
Azola.Lowan@ppc.co.za

Financial Communications Advisor:
Instinctif Partners

Morne Reinders
Mobile: +27 (0) 82 325 1810
Morne.Reinders@instinctif.com

Louise Fortuin
Mobile: +27 (0) 71 605 4294
Louise.fortuin@instinctif.com

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