MMI HOLDINGS LIMITED - CHANGE IN DIRECTORATE

CHANGE IN DIRECTORATE

MMI HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2000/031756/06
ISIN Code: ZAE000149902
JSE Share Code: MMI
NSX Share Code: MIM
 ("MMI" or "the company")

CHANGE IN DIRECTORATE

In compliance with Section 3.59 of the Listing Requirements of the JSE Limited,
shareholders are hereby notified that Mr M Mthombeni, current CEO of Momentum
Investments, has resigned as a director of MMI Holdings Ltd with effect from 31 August 2012
in order to take a personal sabbatical.

Mr Mthombeni has also resigned from Momentum Group Ltd, Metropolitan Life Ltd,
Momentum Investments Ltd and various other smaller subsidiary companies of MMI.


Mr Wilhelm van Zyl, MMI’s Group Deputy CEO, will assume the role of CEO at Momentum
Investments from 1 September 2012. Momentum Investments is one of four MMI operating
divisions that have been reporting to van Zyl since the merger of Metropolitan and
Momentum in December 2010. While van Zyl will retain his other responsibilities, his primary
focus will be on Momentum Investments.


Centurion
17 August 2012
Sponsor
Merrill Lynch South Africa (Pty) Limited

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