SEP - Sephaku Holdings - Appointment of Independent Non-Executive Chairman

SEP - Sephaku Holdings - Appointment of Independent Non-Executive Chairman      
to the board of Sephaku Holdings                                                
Sephaku Holdings Limited                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2005/003306/06)                                           
Share code: SEP                                                                 
ISIN: ZAE000138459                                                              
("Sephaku Holdings" or "the Company")                                           
Appointment of Independent Non-Executive Chairman to the board of Sephaku       
Holdings                                                                        
In compliance with section 3.59(a) of the JSE Limited Listings Requirements,    
shareholders of the Company are hereby advised that Mr Brent Williams has       
been appointed as the Independent Non-Executive Chairman of the Company with    
immediate effect.                                                               
Mr Williams holds an LLM from Harvard University Law School and has             
extensive experience in all aspects of South African corporate and              
commercial law, including mergers and acquisitions and corporate finance. He    
also advises on broad-based black economic empowerment transactions. Mr         
Williams began his career as a Candidate Attorney at Y Ebrahim & Co., later     
becoming an Associate and, subsequently, a Director, a position he held         
following Y Ebrahim & Co.`s absorption into Cliffe Dekker Hofmeyr. In 2011,     
Williams was appointed Chief Executive Officer of Cliffe Dekker Hofmeyr, the    
first of the top five law firms to appoint a black CEO.                         
Says CEO, Dr Lelau Mohuba, "We are immensely pleased to welcome someone of      
Brent`s stature, experience and capability to the Board of Sephaku Holdings.    
Not only does his legal background provide new expertise to the Company, but    
we look forward to the fresh insights and guidance that he will offer as the    
Company embarks on its forthcoming endeavours."                                 
The appointment of Williams also places the Company in compliance with          
section 3.59(a) of the JSE Limited`s Listings Requirements.                     
3 May 2012                                                                      
Centurion                                                                       
Sponsor to Sephaku Holdings                                                     
QuestCo (Proprietary) Limited                                                   
Date: 03/05/2012 13:02:01 Supplied by www.sharenet.co.za                     
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