ADAPTIT HOLDINGS LIMITED - Changes to the board of directors-resignation of Financial Director and change in function of Executive Director

Changes to the board of directors-resignation of Financial Director and change in function of Executive Director

ADAPTIT HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/017276/06)
Share code: ADI ISIN: ZAE000113163
(“AdaptIT” or “the Company”)

    CHANGES TO THE BOARD OF DIRECTORS – RESIGNATION OF FINANCIAL DIRECTOR AND
                    CHANGE IN FUNCTION OF EXECUTIVE DIRECTOR


In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of
AdaptIT (“the Board”) hereby notifies its shareholders that Mr Siboniso Shabalala has resigned as financial
director with effect from 31 March 2013 in order to pursue alternative business interests. However, Siboniso
will be staying on at the Company until 30 June 2013 to serve a three month notice period.

Ms Tiffany Dunsdon, currently the Company’s commercial director, will be appointed as financial director with
effect from 1 April 2013. Tiffany’s duties as commercial director will be incorporated under the role of
financial director.

The Board thanks Siboniso for his contribution to the Company and wishes him well in his future
endeavours.

Durban
28 March 2013

Sponsor
Merchantec Capital

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