ZSA - Zurich Insurance Company South Africa Limited - Change to the board

ZSA - Zurich Insurance Company South Africa Limited - Change to the board       
of directors                                                                    
Zurich Insurance Company South Africa Limited                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1965/006764/06)                                            
Share code: ZSA     ISIN: ZAE000094496                                          
("Zurich" or "the Company")                                                     
CHANGE TO THE BOARD OF DIRECTORS                                                
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Zurich today announced the planned retirement of the Chief Executive            
Officer ("CEO"), Guy Munnoch. After more than 14 years of dedicated service     
to Zurich, Munnoch will retire from his current role in South Africa at the     
end of May 2012.                                                                
The Company confirmed that the CEO succession plan is at an advanced stage      
and expects to announce Munnoch`s successor in due course.                      
Johannesburg                                                                    
29 November 2011                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 29/11/2011 10:00:00 Supplied by www.sharenet.co.za                     
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