Appointment of Chairman Combined Motor Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1965/000270/06) Share code: CMH ISIN: ZAE000088050 (“CMH” or “the Company”) APPOINTMENT OF CHAIRMAN CMH announced today that JTM Edwards (CA)SA has been appointed, with effect from Friday, 11 October 2013, as successor to Maldwyn Zimmerman who advised on 19 July 2013 that he would stand down as chairman of the Company with effect from the next meeting of directors. Commenting after his appointment, Edwards said that he was proud to have been elected as Chairman, and praised the leadership shown by Zimmerman. Zimmerman has been chairman of the Group since its inception in 1976 and its listing on the JSE in 1987. Since its listing, revenue has grown from R220 million to approximately R10,000 million, and attributable income from R4 million to R157 million reported last year. Edwards said he was looking forward to the challenge of continuing this trend during the years ahead. Edwards was appointed to the Board in 2002, and a year later was appointed chairman of the Audit and Risk Assessment Committee, a position he held until May 2011. He was also chairman of the Remuneration Committee from 2011 to 2013 and has been the Lead Independent Non-executive director, playing an important role in ensuring the Company maintains a high standard of corporate governance. A brief curriculum vitae of Edwards includes: - 34 years at Price Waterhouse, now PricewaterhouseCoopers Inc. He was, at the time of his retirement in 1992, managing partner in charge of the firm’s Durban and coastal offices. - National President of the South African Institute of Chartered Accountants - President of the Kwazulu Natal Society of Chartered Accountants - member of the Investigations Committee of the Public Accountants and Auditors’ Board - Chairman of the Kwazulu Natal Provincial Audit Committee. - Non-executive chairman of South African Rail Commuter Corporation Limited - Non-executive chairman and director of SKF South Africa (Pty) Ltd and SKF Bearing Manufacturers (Pty) Ltd - Deputy chairman and director of Ithala Development Finance Corporation Limited - Member of the National Lotteries and Gambling Board - Chairman of the Burnham-on-Sea Chamber of Trade and Commerce and director of the Somerset (UK) Chamber of Business and Industry. Durban 14 October 2013 Sponsor PricewaterhouseCoopers Corporate Finance (Pty) Ltd Date: 14/10/2013 10:00:00 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.