ITALTILE LIMITED - Appointment to the Board and Change in Function

Appointment to the Board and Change in Function

ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE ISIN: ZAE000099123
(“Italtile” or “the Group”)


APPOINTMENT TO THE BOARD AND CHANGE IN FUNCTION


In compliance with paragraph 3.59 of the Listings Requirements of
the JSE Limited (“JSE Listings Requirements”), and with reference to
the announcements published on the Stock Exchange News Service on 10
June 2013 and 25 July 2013, shareholders are advised that with
effect from 1 July 2014, the Board will be restructured as follows:

Mr Nick Booth will assume the position of Chief Executive Officer
(“CEO”). Mr Giovanni Ravazzotti, who served as interim CEO pending
Mr Booth’s appointment, will resume his role as Chairman of the
Group. Mr Brand Pretorius, who served as interim Chairman in Mr
Ravazzotti’s stead, will resume his position as independent non-
executive director.

The Board would like to thank Messrs Ravazzotti and Pretorius for
their contribution during this period, and welcomes Mr Booth to the
Group.


Johannesburg
1 July 2014

Sponsor
Merchantec Capital

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