Change to the board of directors Nictus Limited Incorporated in the Republic of South Africa Registration number: 1981/001858/06 JSE share code: NCS NSX share code: NCT ISIN code: NA0009123481 (“Nictus” or “the Company” or “the Group”) Change to the board of directors In compliance with section 3.59 of the Listings Requirements of the JSE Limited, Nictus shareholders are advised that, with effect from 15 April 2014, Mr Wilmar Fourie has resigned from his position as Financial Director of the Group, to henceforth exclusively focus on his executive role in Nictus Holdings Limited. The board of directors of Nictus (“the Board”) is pleased to announce the appointment of Mr Frank- Michael Theart as Financial Director of the Group, with effect from 15 April 2014. Mr Theart (33) qualified as a Chartered Accountant (South Africa) in 2006. Mr Theart joined the Group in 2011 and held the position of Chief Financial Officer at Corporate Guarantee (South Africa) Limited, the wholly owned insurance subsidiary of the Group. Mr Theart has been a member of the executive management team of the Group for the past year. The Board would like to thank Mr Fourie for his valuable contribution to the Company and wishes him well in his future endeavours. Randburg 16 April 2014 Sponsor on the JSE Sponsor on the NSX KPMG Services (Pty) Limited Simonis Storm Securities (Pty) Ltd (Member of the NSX) Date: 16/04/2014 10:00:00 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.