AMALGAMATED ELECTRONIC CORP LTD - Changes to the board

Changes to the board

Amalgamated Electronic Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/010036/06)
Share code: AER
ISIN: ZAE000070587
(“Amecor”)



CHANGES TO THE BOARD


Shareholders are advised of the appointment of Dean Colley as
Amecor’s Chief Financial Officer with effect from 1 October 2014.


Dean qualified as a Chartered Accountant in 1998, subsequently
gaining formidable experience in numerous industries while
fulfilling the roles of Financial Director and Chief Financial
Officer. Dean has over ten years’ experience within the financial
sector, having served as a director on numerous boards.


Kerry Anne Colley has stepped down from the position of Chief
Financial Officer in order to take up the appointment as Group
Company Secretary.


Schalk du Plessis will be stepping down as Group Company Secretary
to pursue the role of independent Group Internal Auditor.


The Amecor board takes this opportunity to welcome Dean to the
board, and looks forward to his valuable contribution going forward.


Johannesburg
2 October 2014


Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

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