PEREGRINE HOLDINGS LIMITED - Change of CEO at Peregrine

Change of CEO at Peregrine

PEREGRINE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/006026/06)
JSE code: PGR ISIN code: ZAE000078127
(“Peregrine”)

CHANGE OF CEO AT PEREGRINE

Jan van Niekerk, who has been with the Peregrine group since 2000 and group CEO since August 2010,
has advised the board that he will be resigning with effect from 1 April 2013 to pursue new opportunities.
Van Niekerk will remain as non-executive chairman of the group’s wealth management subsidiary, Citadel
Holdings Proprietary Limited.

Jonathan Hertz (40) has been appointed as the new group CEO with effect from 1 April 2013. Hertz, an
actuary, originally joined the Peregrine group in August 2000, serving as an executive director and the
group’s chief operating officer until October 2005. Thereafter Hertz took up the appointment of managing
director of Peregrine associate, Caveo Fund Solutions. In 2008, he founded, and has since been the CEO
of, another group associate, South Africa Alpha Management Capital, a Bermuda based platform which
allows investors to make investments into Southern African Alternative Investment Funds.

The directors would like to express their deep appreciation to van Niekerk for his significant contribution to
the group over the past 12 years and to wish him every success in his new endeavours.

14 March 2013


Sponsor and corporate advisor
Java Capital

Date: 14/03/2013 11:46:00 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.