Appointment To The Board Of An Independent Non-Executive Director Finbond Group Limited (Incorporated in the Republic of South Africa) (Registration number: 2001/015761/06) Share code: FGL ISIN: ZAE000138095 ("Finbond" or "the Company") APPOINTMENT TO THE BOARD OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR In terms of paragraph 3.59 of the JSE Limited Listings Requirements, Finbond shareholders are advised that Adv. Neville Melville [B Law, LLB(Natal) LLM(cum laude)(Natal),Post Graduate Diploma in Company Direction, Senior Executive Programme (Harvard Business School), AltX Company Directors’ Induction(Wits Business School)) Advocate of the High Court] has been appointed as an independent non-executive to the board of the Company effective 19 October 2012. Adv. Melvillle’s experience includes: • CEO of the board of the Ombudsman for Banking Services Ltd Company for seven years, working alongside various top-flight, experienced directors of public companies. • First Executive Director of the Independent Complaints Directorate and practised as an Advocate at the Durban Bar. • Former office-bearer in various local and international voluntary associations, including chairperson of the South African Ombudsman Association. • Member of the Financial Service Ombuds Schemes Council and was the FSB/ court appointed Curator of PIT Group of Companies. • Served as a founder director of the Co-operative Banks Development Agency (CBDA). • Honorary Research Fellow at the University of KwaZulu-Natal. • Member of Chartered Institute of Arbitrators, London and Institute of Directors, South Africa. Pretoria 19 October 2012 DESIGNATED ADVISOR: GRINDROD BANK LIMITED Date: 19/10/2012 04:22:00 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.