Changes to the board of directors : Resignation and appointment of directors SilverBridge Holdings Limited Incorporated in the Republic of South Africa (Registration number 1995/006315/06) Share code: SVB ISIN: ZAE000086229 (“SilverBridge” or “the Company” or “the Group”) CHANGES TO THE BOARD OF DIRECTORS: RESIGNATION AND APPOINTMENT OF DIRECTORS In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of SilverBridge (“the Board”) hereby notifies its shareholders that Mr Dingalethu Madubela (“Dinga”) has resigned as a non-executive director of the Company with immediate effect, following his resignation earlier this year from Amabubesi Capital Proprietary Limited (“Amabubesi”), a major shareholder in SilverBridge. The Board expresses their gratitude towards Dinga for his contribution to the Group during the past two years and wishes him well in his future career. In addition, the Board is pleased to advise shareholders of the appointment of Mr Hasheel Govind as a non-executive director of the Company with immediate effect. Hasheel is a registered Chartered Accountant and the Chief Financial Officer of the Amabubesi Group. The Board welcomes Hasheel and looks forward to his contribution to the Group. Pretoria 14 November 2012 Designated Adviser Merchantec Capital Date: 14/11/2012 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.