Appointment of non-executive director ALEXANDER FORBES GROUP HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 2006/025226/06) JSE Share Code: AFH ISIN: ZAE000191516 (“Alexander Forbes” or “the Company”) Appointment of non-executive director In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, Alexander Forbes is pleased to announce that Mr David Anderson, Managing Director and Market Leader for Mercer Africa Limited (“Mercer”) in the Pacific, spanning the firm’s five business segments of talent, health, retirement, financial services and investments, has been appointed as non-executive director of the Company with effect from 10 October 2014. Mr Anderson is a Senior Partner of Mercer and is the Chairman for Marsh & McLennan Companies for Australia, spanning the operations of Marsh, Guy Carpenter, Mercer and Oliver Wyman. Having spent more than 10 years at AMP Financial Services, Mr Anderson first joined Mercer Australia in 1998. He is a Certified Insurance Professional and a Member of the Australian Institute of Company Directors, as well as a Fellow of each of the Association of Superannuation Funds of Australia, the Australian Institute of Management and the Australian and New Zealand Institute of Insurance and Finance. 13 October 2014 Sandton Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 13/10/2014 12:25:00 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.