LABAT AFRICA LIMITED - Change to the board of directors

Change to the board of directors

LABAT AFRICA LIMITED

Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
JSE code: LAB ISIN: ZAE000018354
(“Labat” or “the company”)


CHANGE TO THE BOARD OF DIRECTORS


In compliance with paragraph 3.59 of the Listings Requirements
of JSE Limited, the board of directors of Labat hereby notifies
its shareholders that Mr D Lupungela has been removed as an
Independent Non-Executive Director with effect from date hereof.

The reasons for his removal relate to inter alia;

-   that he has not attended board meetings regularly,
-   he has failed to responded to urgent communications from the
    Chief Executive Officer regarding critical company issues,
    including his proposed removal as a director,
-   he has not made himself available for attending to normal
    directors duties such as making himself available for the
    various statutory committees, etc.

The necessary documentation will be lodged with CIPC.

The Company will appoint a new independent non-executive
director to fill the casual vacancy as soon as practicable.

Johannesburg
26 August 2013

Sponsor
Arcay Moela Sponsors (Pty) Ltd

Date: 26/08/2013 07:05:00 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.