Appointment to the Board of Directors of Imperial Imperial Holdings Limited Registration number: 1946/021048/06 Share code: IPL ISIN: ZAE000067211 (“Imperial”) APPOINTMENT TO THE BOARD OF DIRECTORS OF IMPERIAL The directors are pleased to announce the appointment of Mr Philip Bernard Michaux, to the board of Imperial Holdings Limited. Philip is the Chief Executive Officer of the group’s Automotive Retail and Car Rental Division, and a member of the Group Executive Committee. Following a 14 year career in the motor trade, he joined the group on the acquisition of Saficon Holdings by Imperial in 1995. In 2006 he was appointed the CEO of the Automotive Retail division which was enlarged to include the Car Rental Division in 2013. The change is effective from 6 May 2014. After implementation of the change, the board will be constituted as follows: Non-executive Executive TS Gcabashe (Chairman)* MJ Lamberti (Chief executive) A Tugendhaft (Deputy chairman) M Akoojee HR Brody OS Arbee T Dingaan* MP de Canha S Engelbrecht* PB Michaux RL Hiemstra GW Riemann M J Leeming* JJ Strydom P Langeni* M Swanepoel MV Moosa RJA Sparks* Y Waja* *Independent Company Secretary RA Venter By order of the Board 6 May 2014 BEDFORDVIEW Sponsor Merrill Lynch South Africa (Pty) Limited Date: 06/05/2014 12:00:00 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.