New appointment Letshego Holdings Limited Incorporated in the Republic of Botswana Registration number 98/442 (“Letshego Holdings” or “the Company”) This announcement is being released on the Johannesburg Stock Exchange for information purposes only in respect of Letshego Holdings Limited’s Note Programme ANNOUNCEMENT – new appointment Letshego Holdings Limited is a leading provider of unsecured consumer loans and other financial services, is listed on the Botswana Stock Exchange, is Botswana International Financial Services Centre accredited and has operations in 11 African countries in Southern and Eastern Africa. The Board of Directors of the Company would like to provide an update to Shareholders that Letshego Holdings Limited has appointed Chris Low as Group Managing Director effective 4th November 2013 subject to all relevant approvals being completed. Low succeeds Jan Claassen, who retires in October 2013 after leading the company for the past 10 years. Jan Claassen will remain a member of the Board of Letshego. Mr Low has 25 years of experience across the financial services industry, with more than 10 years’ experience in Africa-based or Africa-focused roles. He has, during his career, been responsible for start-up businesses across the broader financial services space, including customer and franchise development for Consumer Banking and Wholesale Banking operations. Mr Low began his career in the Audit Division at Arthur Andersen & Company (London) and went on to serve as Vice President of Finance at Goldman Sachs (London). He has held positions within Standard Chartered Plc including but not limited to Chief Executive Officer, Tanzania; Chief Executive Officer, Kenya and General Manager, East Africa; and Chief Executive Officer, South Africa and Head of New Entry Markets, Southern Africa. Before moving into independent emerging markets consulting in 2011 based from London, Low held the role of Deputy Chief Executive Officer, International Banking Division, at the National Bank of Kuwait, Kuwait City. The Board thanks the outgoing Group MD, Jan Claassen, for his steering Letshego to where it is today. The company has grown to become a significant Group under his leadership and guidance. The Board is pleased to note that Jan will remain on the Board of Letshego Holdings and will also assist the new Managing Director with hand over and other projects for the immediate future. Gaborone 16 October 2013 Debt sponsor in South Africa The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division Sponsoring broker in Botswana Stockbrokers Botswana Limited Date: 16/10/2013 05:00:00 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.