CSP - Chemspec - Appointment of Independent Non-Executive Director

CSP - Chemspec - Appointment of Independent Non-Executive Director              
Chemical Specialities Limited                                                   
Incorporated in the Republic of South Africa)                                   
Registration number (2005/039947/06)                                            
Share code: CSP                                                                 
ISIN: ZAE000109427                                                              
("Chemspec" or "the Company")                                                   
NEW BOARD APPOINTMENT                                                           
In accordance with paragraph 3.59 of the Listings Requirements of the JSE       
Limited, shareholders are advised of the following appointment to the Chemspec  
Board of Directors ("the Board") with effect from 12 March 2012:                
Mr. Sipho Eric Sono (CA(SA)), as independent non-executive director and Chairman
of the Audit and Risk Committee.                                                
With more than 20 years` experience in the financial services industry, Mr. Sono
was the financial director of Sizwe Ntsaluba VSP where he was a key contributor 
in developing a medium-sized audit firm. He is presently chief executive officer
of OPIS Advisory which he founded in 2009.                                      
The Board believes that Mr. Sono`s expertise will bring additional technical    
input to the board and round off the composition of the directorate.            
Durban                                                                          
12 March 2012                                                                   
Designated advisor                                                              
Grindrod Bank Limited                                                           
Date: 12/03/2012 16:42:35 Supplied by www.sharenet.co.za                     
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