MMI HOLDINGS LIMITED - MMI Leadership Appointments

MMI Leadership Appointments

MMI Holdings Limited Group
Incorporated in South Africa
(Registration number 2000/031756/06)
"MMI Holdings" or "the Company"
JSE share code (primary listing): MMI
NSX share code: MIM
ISIN: ZAE000149902


MMI leadership appointments

MMI has announced that Mr Khanyi Nzukuma who is currently CEO of Momentum
Consult, has been appointed as the CEO designate of Metropolitan Retail
from January 2014.

The current CEO of Metropolitan Retail, Phillip Matlakala, will be
reaching normal retirement age in the middle of 2014. Mr Matlakala’s
invaluable industry experience will not be lost to MMI after his
retirement in the middle of 2014, as he will play an advisory role on
governance forums and strategic growth projects in MMI.

Mr Nzukuma’s appointment is part of an executive succession plan to
ensure a smooth and effective handover process and is the result of a
comprehensive recruitment process.

Mr Danie Botes, currently MMI’s Chief Integration Officer, has been
appointed MMI’s Chief Operating Officer, effective immediately.

Mr Jan Lubbe has been appointed MMI’s Chief Risk Officer and will start
in this role on 21 November 2013.

Ms Vuyo Lee has been appointed Group Executive responsible for Brand,
Stakeholder Management and Sustainability and will start her new role
with MMI on 1 December 2013.


On behalf of:   MMI Holdings
Contact:        Lerato Mametse
Telephone:      012 671 8818 / 084 406 8272
Email:          lerato.mametse@mmiholdings.co.za

28 October 2013
Sponsor Merrill Lynch South Africa (Pty) Limited

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