LIFE HEALTHCARE GROUP HOLDINGS LTD - Changes to the board of directors retirement of Chief Executive Officer

Changes to the board of directors – retirement of Chief Executive Officer

LIFE HEALTHCARE GROUP HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 2003/002733/06
ISIN: ZAE000145892
Share Code: LHC
(“Life Healthcare” or “the Company”)


CHANGES TO THE BOARD OF DIRECTORS – RETIREMENT OF CHIEF EXECUTIVE
OFFICER

The board of directors of Life Healthcare (“the board”) wish to
announce that Michael Flemming, the Company’s CEO intends retiring
on 30 June 2014.

Michael joined African Oxygen Limited (Afrox) in 1985 and
transferred to its healthcare division in 1994. He held several
senior finance and line management positions with both Afrox and
Afrox Healthcare. In 2001, he was appointed managing director of
Afrox Healthcare, which became Life Healthcare in 2005. Michael
has made a significant contribution to the Company. His remarkable
business acumen successfully contributed to the tremendous growth
of the Company as well as to its successful listing on the JSE
Limited in June 2010.

The chairman and the board wish to thank Michael for his
immeasurable contribution and dedication to the Company and wish
him well for the future.

To ensure a smooth transition when Michael retires, the board is
pleased to announce the appointment of Andre Meyer as CEO elect,
Andre will join the Company on 1 March 2014 and will succeed
Michael on his retirement. Andre is currently the CEO of Medscheme
having been appointed in April 2003. Prior to that, he was the
managing director of the Healthcare division within Alexander
Forbes.

The chairman and the board wish to congratulate Andre on his
appointment and look forward to working with him.

Illovo
14 November 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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