EQSTRA CORPORATION LIMITED - Retirement of Chief Executive Officer

Retirement of Chief Executive Officer

Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
ISIN: ZAE000117123

Eqstra Corporation Limited
1984/007045/06
JSE share codes: EQS:SJ, EQS02, EQS04, EQS05, EQS06, EQS07,
EQS08A, EQS09

(“the Company” or “ Eqstra” or “the Group”)


RETIREMENT OF CHIEF EXECUTIVE OFFICER

In compliance with the JSE Limited Listings Requirements,
shareholders are advisd that, after seven years as Chief Executive
Officer (“CEO”), Mr Walter Hill has given notice to the board of
his retirement, with effect from 1 June 2015.

The board and executive wish to express their gratitude to Walter
for his longstanding service and commitment to the Company.

Walter believes it to be an appropriate time to hand over to new
leadership and thus the board has appointed the current Chief
Financial Officer, Mr Jannie Serfontein, as interim Group CEO,
with effect from 1 June 2015.

At its next meeting in August 2015, the Board will confirm an
appointment to fill the position permanently.

Chairman Peter Mageza commented:

“Jannie and a strong Executive team continue to lead the
turnaround coming off the back of a positive set of interim
results. The board is confident about the future prospects of the
diversified Group and supports current management to keep this
momentum”.

Investors & Media contact:

Frank Ford
FTI Consulting
Frank.ford@fticonsulting.com
+27 (0)767 881 926
+27 (0)21 4879 022


2 June 2015
Kempton Park

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

Date: 02/06/2015 12:49:00 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.