Change to the board and appointment of Chief Executive Officer BMG Division Invicta Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1966/002182/06) Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773 Preference Share code: IVTP Preference Share ISIN: ZAE000173399 (“Invicta”) CHANGE TO THE BOARD & APPOINTMENT OF CHIEF EXECUTIVE OFFICER BMG DIVISION In terms of rule 3.59 of the Listings Requirements of the JSE Limited, Invicta is pleased to announce the appointment of Byron Nichles (“Byron”) as Chief Executive Officer of Invicta’s BMG division (“BMG”), with effect from 1 November 2014. Byron will also join the Board of Directors of Invicta as an Executive Director as of that date. Byron joins Invicta from ARB Holdings Limited, also a JSE listed company, where he held the position of Chief Executive Officer for the past 5 years. Byron takes over from Charles Walters who has been the Chief Executive Officer of BMG for the past 8 years. Following a handover period, and as previously communicated to shareholders, Charles Walters will become Group Chief Executive of Invicta, succeeding Arnold Goldstone, who becomes the Executive Deputy Chairman of Invicta, at which stage a further announcement will be made. The Board wishes Byron well in this new position and looks forward to his valuable contribution. Cape Town 2 September 2014 Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd Date: 02/09/2014 01:16:00 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.