CADIZ HOLDINGS LIMITED - Appointment of Independent Non-Executive Director

Appointment of Independent Non-Executive Director

Cadiz Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/007258/06)
Share code: CDZ
ISIN: ZAE000017661
(the “Company”)

CHANGES TO THE BOARD OF DIRECTORS

In compliance with sections 3.59 of the Listings Requirements of
the JSE Limited, shareholders are advised that Gregory William
Fury has been appointed as independent non-executive director of
the Company with effect from 1 December 2012.

Mr Fury has 16 years experience in asset management and investment
banking. The board welcomes Greg to the Company and looks forward
to his contribution.

Cape Town
3 December 2012

Sponsor:
Investec Bank Limited

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