VUNANI LIMITED - Changes to the board

Changes to the board

VUNANI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/020641/06)
JSE code: VUN
ISIN: ZAE000163382
(“Vunani” or “the company”)


CHANGES TO THE BOARD

In terms of paragraph 3.59 of the JSE Limited Listings
Requirements, Vunani wishes to advise shareholders of the
resignation of Mr. Willy Ross as an independent non-executive
director and as chairman of the board with immediate effect.

The board wishes to thank Mr. Willy Ross for his valuable
contribution during his tenure as a director and chairman of
the company.

Shareholders are further advised that Mr. Lionel Isaac Jacobs,
will assume the role of chairman of the Vunani board with
immediate effect. In addition, he will chair the nominations
committee and serve as a member of the remuneration and
investment committees.


21 May 2014
Sandton

Designated Adviser
Grindrod Bank Limited

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