THE BIDVEST GROUP LIMITED - Change of Chairmanship

Change of Chairmanship

THE BIDVEST GROUP LIMITED
(“Bidvest” or “the Company” or “the Group”)
(Incorporated in the Republic of South Africa)
Registration number: 1946/021180/06
Share code: BVT ISIN ZAE 000117321

CHANGE OF CHAIRMANSHIP

Shareholders are advised that Mr Cyril Ramaphosa has notified the Board that he
wishes to retire from the position of Chairperson of Bidvest, however he will
remain on the board until the release of the Group’s results for the year ending
June 30 2013 in early September. The Board extends it sincere thanks and
gratitude to Mr Ramaphosa for his leadership over the past 9 years.

The Board has pleasure in announcing that Mrs Lorato Phalatse, currently an
independent non-executive director on the board, has been appointed to succeed
Mr Ramaphosa as the new Chairperson of Bidvest.


Date: March 25 2013
Johannesburg
Sponsor: Investec

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