Appointment of Executive Director NEWFUNDS (PROPRIETARY) LIMITED (Registration number 2005/034899/07) (“NewFunds” or “the Company”) JSE Share Code: ISIN: NEWFSA ZAE000104055 RAFFIN ZAE000134979 RAFIND ZAE000135182 RAFISA ZAE000117149 RAFRES ZAE000135166 NFSH40 ZAE000130431 MAPPSG ZAE000153763 MAPPSP ZAE000153771 NFGOVI ZAE000161949 NFILBI ZAE000162244 NFTRCI ZAE000162251 NFSWIX ZAE000163754 NFEMOM ZAE000162236 (“the Portfolios”) The Portfolios in the NewFunds Collective Investment Scheme in Securities (the “NFCIS”), registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002. APPOINTMENT OF AN EXECUTIVE DIRECTOR TO THE BOARD OF THE MANAGEMENT COMPANY OF THE NFCIS, NEWFUNDS In accordance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors ("the board") is pleased to inform securities holders of the appointment of Dr Vladimir Nedeljkovic as executive director to the board with immediate effect. His qualifications include a Bachelor of Science (Honours) degree in Electrical Engineering from the University of Belgrade, as well as a Master of Science degree in Electrical Engineering from the same institution. In 1996 he attained a PhD degree in Applied Mathematics at the University of the Witwatersrand, and in 2002 he completed a Master of Business Administration degree at Wits Business School. He was awarded a first class pass for his MBA, together with the CAMAF Award for 'The Best MBA Student in Quantitative Method Topics'. Dr Nedeljkovic is Absa Capital's Principal, Head of Investments. He has played a key role in the development of Absa's ETF business, as well as in the development of innovative ETF products. The board welcomes Dr Nedeljkovic to the board and looks forward to his contribution to the Company. 21 September 2012 Sponsor Absa Capital (the investment banking division of Absa Bank Limited and affiliated with Barclays) Date: 21/09/2012 10:44:00 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.