IMPERIAL HOLDINGS LIMITED - Changes to the Group Structure and Executive Directorate

Changes to the Group Structure and Executive Directorate

Imperial Holdings Limited
Registration number: 1946/021048/06
Share code: IPL
ISIN: ZAE000067211
(“Imperial Holdings”)

CHANGES TO THE GROUP STRUCTURE AND EXECUTIVE DIRECTORATE

Today Imperial will be holding a senior management conference where various
board approved organisational changes and appointments will be announced,
pursuant to the creation and efficient management of two integrated divisions
dedicated exclusively to Logistics and Vehicles.

The following are the major structural changes and the resulting appointments
that affect the executive directorate.

-   With effect from the 1st July 2016 Imperial’s entire logistics interests (i.e.
    Imperial Logistics South Africa, Imperial Logistics Rest of Africa and
    Imperial Logistics International) will be managed as one division. Mr Marius
    Swanepoel, currently a director of Imperial Holdings Limited and Chief
    Executive Officer of Imperial Logistics Africa, will be appointed Chief
    Executive Officer of the new Logistics division from the same date.

-   With effect from the 1st July 2016 Imperial’s entire vehicle interests (i.e.
    Vehicle Import Distribution and Dealerships; Vehicle Retail Rental and
    Aftermarket Parts; and Motor related Financial Services) will be managed as
    one division. From 1st July 2016 until the 31st December 2016, Imperial
    Holdings Limited Group Chief Executive Officer, Mr Mark Lamberti will be
    Executive Chairman of the division, leading and prioritising the necessary
    integration initiatives. On 1st January 2017, Mr Osman Arbee, currently
    Imperial Holdings Limited Group Chief Financial Officer, will be appointed
    Chief Executive Officer of the newly created Vehicles division.

-   Starting from 1st January 2017, an orderly transition will result in Mr
    Mohammed Akoojee, currently Chief Executive Officer of Imperial Logistics
    Rest of Africa, being appointed Imperial Holdings Group Chief Financial
    Officer on 1st April 2017.

From 1st July 2016, the newly created Logistics and Vehicles divisions will be
reported on as single entities with due regard to the disclosures and
transparency necessary to facilitate understanding and insight for shareholders.
Detail in this regard will be provided with the publication of the results for
the year to June 2016.

Company Secretary
RA Venter

By order of the Board
3 June 2016

BEDFORDVIEW
Sponsor
Merrill Lynch South Africa (Pty) Limited

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