Changes to the board and appointment of Company Secretary CONVERGENET HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 1998/015580/06) Share code: CVN ISIN: ZAE000102067 (“ConvergeNet” or the “Company”) CHANGES TO THE BOARD OF DIRECTORS AND APPOINTMENT OF COMPANY SECRETARY A. Changes to the Board of Directors In compliance with section 3.59 of the Listings Requirements of the JSE Limited (the “Listings Requirements”), the board of directors of ConvergeNet (the “Board”) is pleased to announce the following changes to the Board: 1. Mr Peter van Zyl (“Mr Van Zyl”) has been appointed as an independent non-executive director with effect from 21 November 2013. Mr Van Zyl has wide-ranging operational and entrepreneurial experience in private equity ventures, from technology businesses to property, financial services and the industrials sector. His strong background and training in finance has assisted in his many roles in the financial function of the various businesses, often to improve the function within the business to a listed company standard. He was integrally involved in the growth of the Saratoga Group of companies for the last decade, of which company he remains a non-executive director. Between 2004 and 2009 he assisted the Sekunjalo Group with their acquisitions and the integration of the financial function, which culminated in the role of Commercial Director. Peter joined the SA French board as the interim Financial Director shortly after this company’s rights issue until its mirror listing into Torre Industrial Holdings in 2012, at which time he took on the role of Chairman. The Company welcomes Mr Van Zyl to the Board and looks forward to gaining from his insight and experience. 2. The Company’s external auditors have confirmed the change in the status of the non-executive chairman of the Company, Mr Dumisani Tabata, from non-independent to independent. As a result of the abovementioned changes to the Board, the composition of the Company’s audit and risk committee now conforms to the provisions of the Listings Requirements in that (i) it consists of four independent members (the minimum requirement being three) and (ii) the Board is now chaired by an independent non-executive director. Furthermore, in compliance with the King III Code, the Board comprises of a majority of non-executive directors, the majority of which is now independent. B. Appointment of Company Secretary In compliance with section 3.59(a) of the Listings Requirements, shareholders are hereby advised that Mr Warwick van Breda (“Mr Van Breda”) has been appointed as company secretary to ConvergeNet and its subsidiaries with effect from 1 December 2013. Mr Van Breda will be taking over the role of company secretary from Juba Statutory Services Proprietary Limited. Centurion 25 November 2013 Corporate advisor: AfrAsia Corporate Finance Proprietary Limited Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited Date: 25/11/2013 02:00:00 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.