AFRICAN & OVERSEAS ENTERPRISES LIMITED - Changes to the board of directors

Changes to the board of directors

AFRICAN AND OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/027461/06)
JSE share code: AOO         ISIN: ZAE000000485
JSE share code: AON         ISIN: ZAE000009718
JSE share code: AOVP        ISIN: ZAE000000493
(“the company”)


CHANGES TO THE BOARD OF DIRECTORS


Shareholders are advised that Mr Michael Krawitz will retire as a non-executive director of the company, and Mr
Romain Orlin and Mr Humphrey Borkum will retire as independent non-executive directors of the company, with
effect from 30 September 2017.

Michael joined the board of directors of the company in 2003 and serves as the chairman of the board and the
nomination committee and as a member of the remuneration and risk committees. Romain joined the board in 2009
and serves as a member of the audit, nomination and remuneration committees. Humphrey joined the board in 2015
and serves as a member of the audit and risk committees.

Michael, Romain and Humphrey have served the company with distinction over the years, and the board would like to
thank them for their dedication and valuable contribution and wish them all of the best for the future.

30 August 2017


Sponsor
Java Capital

Date: 30/08/2017 10:45:00 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.