IMPERIAL HOLDINGS LIMITED - Change to the Board of Directors

Change to the Board of Directors

Imperial Holdings Limited
Registration number: 1946/021048/06
Share code: IPL
ISIN: ZAE000067211
(“Imperial” or “the group”)

CHANGE TO THE BOARD OF DIRECTORS

In compliance with the Listings Requirements of the JSE Limited, Imperial
wishes to announce that the Chief Executive, Mr Hubert Brody, has given
notice of his intention to step down from the position of CEO of the group
during the first half of the 2014 calendar year. He will however remain on
the board as a non-executive director.

Hubert has indicated that he wishes to spend more time with his family and
that it is a good time to hand over to a new leader given the strength of
the group and the African and International logistics expansion strategy
that is starting to unfold.

Hubert joined the group in 2000, was appointed to the Imperial board in
2006 and as the CEO of the group in June 2007. He has made a significant
contribution to the group and was instrumental in positioning Imperial with
a clear strategy, a strong balance sheet as well as an established and
experienced leadership team.

The board wishes to express its gratitude to Hubert for his devotion and
commitment during his tenure as CEO.

A suitable successor for the position of group Chief Executive Officer will
be sought and Hubert’s responsibilities will be handed over in a structured
process. The board has commenced a process to identify a suitable successor
and further announcements in this regard will be made when appropriate.

Company Secretary
RA Venter

By order of the Board
2 October 2013
BEDFORDVIEW

Sponsor:
Merrill Lynch South Africa (Pty) Limited

For enquiries contact:
Anne Dunne of Brunswick 082 448 2684


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