Change in directors AFGRI Limited (Incorporated in the Republic of South Africa) Registration Number: 1995/004030/06 ISIN: ZAE000040549 JSE share code: AFR ("AFGRI” or “the Company”) CHANGE TO THE BOARD OF DIRECTORS In compliance with the JSE Limited Listings Requirements,the Company announces the following change to its Board: The Board elected Ms Linda de Beer as deputy chairman of the board with effect from 21 November 2012. Ms de Beer has been a member of the AFGRI Board since May 2010. She is the chairman of the Audit & Risk Committee and a member of the Remuneration Committee, Social & Ethics Committee and Nominations Committee. Ms de Beer is an experienced independent director, reporting and corporate governance adviser and visiting professor in the School of Accountancy at the University of Witwatersrand.She is also involved in director development and training. Currently, she is the chairman of the Consultative Advisory Group of International Auditing and Assurance Standards Board; a member of the King Committee on Corporate Governance in South Africa; the Issuers’ Services Advisory Committee of the JSE, the Financial Reporting Standards Council and the Committee for Auditing Standards. The Board congratulates Ms de Beer on her appointment. 21 November 2012 Centurion Sponsor INVESTEC BANK LIMITED Date: 21/11/2012 08:30:00 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.