ERBACON INVESTMENT HOLDINGS LIMITED - Resignation of director and alternative director from the board of directors

Resignation of director and alternative director from the board of directors

Erbacon Investment Holdings Limited
Incorporated in the Republic of South Africa
(Registration number: 2007/014490/06)
Share code: ERB
ISIN: ZAE000111571
(“Erbacon” or “the Company”)

RESIGNATION OF DIRECTOR   AND   ALTERNATE   DIRECTOR   FROM   THE
BOARD OF DIRECTORS

In compliance with paragraph 3.59 (b) of the Listings
Requirements of the JSE Limited, the board of directors of
Erbacon hereby notifies its shareholders that Mr. Johan
Holtzhausen and his alternate, Mr. Nico de Waal, have
resigned as non-executive director and alternate non-
executive director respectively of the Company, with effect
from 1 September 2012.

The Nominations Committee is currently presiding over the
election of new directors to the Board, with particular
emphasis on the appointment of additional independent non-
executive directors. Further details will be provided in
due course.

The Company wishes to extend its gratitude to Messrs
Holtzhausen and de Waal for their significant efforts,
particularly during the recent restructuring process, and
for their guidance as directors over a number of years.

31 August 2012
Midrand

Designated adviser:
PSG Capital

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