Changes to the board IFCA Technologies Limited (Incorporated in the Republic of South Africa) (Registration number: 2006/030759/06) Share code: IFC ISIN: ZAE000088555 (“IFCA” or “the Company”) CHANGES TO THE BOARD In compliance with paragraph 3.59 of the JSE Listings Requirements, IFCA Technologies Limited hereby notifies shareholders that Mr Craig Whittle, CA (SA) has been appointed as an independent non- executive director and chairman of the audit committee effective, 27 July 2012. Following articles at Deloitte, Craig completed five years as a manager at PriceWaterhouseCoopers in London. He returned to South Africa as an industrial analyst at Coronation Fund Managers after which he was a portfolio manager at Omigsa Value Boutique followed by his appointment at Metropolitan Asset Managers. The Board welcomes Craig and looks forward to the valuable experience that he will bring to the Board. Mr Noel Doyle has resigned as an independent non-executive director and chairman of the audit committee with immediate effect in order to pursue a new career opportunity which will leave him with insufficient time to fulfill this role. The Board thanks Noel for his valuable contribution and wishes him well. Johannesburg 27 July 2012 Designated Adviser: Bridge Capital Advisors (Pty) Limited Date: 27/07/2012 05:45:00 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.