Change to the board of directors JASCO ELECTRONICS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration Number: 1987/003293/06) Share Code: JSC ISIN: ZAE000003794 ("Jasco" or "the Company" or “the Group”) CHANGE TO THE BOARD OF DIRECTORS In compliance with paragraph 3.59(a) of the Listings Requirements of the JSE Limited, shareholders are hereby advised that Mr Shaheen Bawa was appointed as a non- executive director with effect from 1 July 2014. Shaheen holds a BSc (Hons) degree in Applied Physics and Computer Control through the University of Bradford. He also has an MSC in Electrical Engineering from the Imperial College of Science and Technology at the University of London. In 2009, Shaheen was appointed as Chief Executive officer of Eclipse Unlimited Holdings, which invests in the Information, Communication and Technology (“ICT”), Energy, Gaming, Property and Distribution Sectors. He has played an active role in the ICT Industry since 1989 serving various roles. His understanding of Engineering principles from both conceptual and design and development aspects will contribute to Jasco. Shaheen represents Harvibase, one of Jasco’s shareholder’s. The Board welcomes Shaheen and looks forward to his contribution to the Jasco Group. Johannesburg 1 July 2014 Sponsor Grindrod Bank Limited Date: 01/07/2014 03:07:00 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.