TORRE INDUSTRIES LIMITED - Changes to the board

Changes to the board

TORRE INDUSTRIES LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2012/144604/06)
Share code: TOR     ISIN: ZAE000188629
(“Torre” or “the Group”)

CHANGES TO THE BOARD

In compliance with paragraph 3.59 of the JSE Limited Listings
Requirements, shareholders are advised of the following changes
to the Torre Board:

The Board is pleased to announce that Mr Jon Hillary has been
appointed as full-time Executive Deputy Chairman of Torre with
effect from 1 July 2017 to work with the existing executive team
to build the Group, with a specific focus on strategic growth
initiatives.

Jon (BCompt Hons, CA(SA), AMP Harvard) has been a group executive
committee (exco) member and head of the Investments &
Concessions cluster of Group Five since 2004.
Jon possesses a broad range of skills and has significant local
and international experience in various leadership and
management roles.

Mr Charles Pettit will step down as Executive Deputy Chairman
on 30 June 2017 but will remain on the Board as a non-executive
director and will continue to provide advisory services to the
Group.

The Board welcomes Jon and looks forward to the impact that he
will have on the next phase of the Group’s development.

Johannesburg
4 May 2017

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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