CHEMICAL SPECIALITIES LIMITED - Changes to the board and new appointment

Changes to the board and new appointment

Chemical Specialities Limited
Incorporated in the Republic of South Africa)
Registration number (2005/039947/06)
Share code: CSP
ISIN: ZAE000109427
("Chemspec" or "the Company")

CHANGES TO THE BOARD AND NEW APPOINTMENT

In accordance with paragraph 3.59 of the Listings Requirements
of the JSE Limited, shareholders are advised of the following
changes to the Chemspec Board of Directors (“the Board”) with
immediate effect:

RESIGNATION OF NON-EXECUTIVE DIRECTOR
Mr. Tim McClure has resigned as non-executive director of
Chemspec due to other commitments.
The Board thanks him for his contribution during his tenure.

APPOINTMENT OF NON-EXECUTIVE DIRECTOR
The Board is pleased to announce the appointment of Namhla Thina
Siwendu as non-executive director and a member of the Audit,
Risk and Compliance and Social and Ethics Committees as well.

She currently serves as Director in the Corporate and Commercial
practice of DLA Cliffe Dekker Hofmeyr, focusing on Corporate
Governance and is a non-executive director on the Board of
Woolworths Holdings Limited. She is also a Senior Research
Fellow at the Centre for Corporate Governance in Africa at the
University of Stellenbosch.

Her previous Board experience includes positions as non-
executive director on the Boards of Grindrod Limited and
Grindrod Bank where she served as a member of the Bank’s Credit
and Risk Committee and Airports Company South Africa where she
served as Chairman of the Risk Committee.

The board is confident that her expertise, specifically in
corporate governance, will bring additional strategic input to
the business.

Durban
16 January 2013

Designated advisor
Grindrod Bank Limited

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