Retirement of non-executive chairman and appointment of independent chairman FAMOUS BRANDS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1969/004875/06) Share code: FBR & ISIN code: ZAE000053328 ("Famous Brands") RETIREMENT OF NON-EXECUTIVE CHAIRMAN AND APPOINTMENT OF INDEPENDENT CHAIRMAN In compliance with sections 3.59 to 3.62 of the Listings Requirements of the JSE Limited, Famous Brands announces the retirement of Mr Panagiotis (Peter) Halamandaris as Non- executive Chairman and the appointment of Ms Santie Botha as Independent Chairman. Mr Halamandaris will assume the role of Non-executive Director. These appointments will be with immediate effect. Mr Halamandaris, a founding shareholder of the Group, was appointed Executive Chairman when the company listed on the stock exchange in 1994, and from 2007 served as Non-executive Chairman. The Board extends its sincere thanks to Mr Halamandaris for his significant contribution to the success of Famous Brands during his tenure as Chairman, and is delighted to retain his expertise in his role as Non-executive Director. Ms Santie Botha was appointed to the Board as a Non-executive Director in June 2012 and has served as Lead Independent Director since October 2012. The Board welcomes Ms Botha in her new capacity. Midrand 24 October 2013 Sponsor The Standard Bank of South Africa Limited Date: 24/10/2013 03:00:00 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.