Appointment of Directors to the Board The Bidvest Group Limited (Incorporated in the Republic of South Africa) (Registration number 1946/021180/06) Share code: BVT ISIN ZAE000117321 ("Bidvest" or “the Group”) APPOINTMENT OF DIRECTORS TO THE BOARD OF BIDVEST In compliance with Section 3.59 of the listing requirements of the JSE Limited, Bidvest is pleased to announce the appointment, with immediate effect, of Nompumelelo Thembekile Madisa (Mpumi) as an Executive Director; Sibongile Masinga (Bongi) as an Independent Non-executive Director; Florah Nolwandle Mantashe (Nolwandle) as an Independent Non-executive Director, to the Bidvest board. Mpumi has had 8 years executive service with the Group and currently serves as an executive director on a number of Bidvest subsidiary boards including Bidvest South Africa. Bongi and Nolwandle were both independent non-executive directors of Mvelaserve Limited prior to the purchase of Mvelaserve by Bidvest. Bongi is the chief executive and one of the founding members of the Afropulse Group. Nolwandle serves as the Transformation executive at Pretoria Portland Cement Limited and has been with them since 2008. The board welcomes the new directors to Bidvest. Date: December 4, 2013 Johannesburg Sponsor: Investec Date: 04/12/2013 10:45:00 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.