New Appointment to the PPC Board of Directors PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number: 1892/000667/06) JSE Code: PPC ISIN: ZAE 000170049 ("PPC" or the "Company") NEW APPOINTMENT TO THE PPC BOARD OF DIRECTORS PPC is pleased to announce the appointment of Mr Darryll Castle as an independent non-executive director to the Board effective 17 October 2014. He will also serve as a member of the audit committee and the deal committee. Darryll holds B.Sc (Civil) and B Com degrees, a Masters of Business Administration (MBA) and the Chartered Financial Analyst (CFA) qualification. Through his extensive career he has accumulated a broad range of experience and skills spanning the fields of corporate management, fund management, financial analysis, mining and engineering. He has extensive experience in the mining industry having served as Chief Executive Officer of Trafigura Mining Group and Anvil Mining Limited; a company listed on the main board of the Toronto Stock Exchange and on the Australian Stock Exchange. He has also occupied the position of Chief Operations Officer at Metorex Group Limited. Darryll has first-hand operations and projects experience on the African continent, having worked in the DRC, Zambia, Angola and Tanzania. He also has extensive international experience having run mining companies operating in all continents. On behalf of the Board, Bheki Sibiya, Executive Chairman of PPC said, "Darryll’s extensive experience and knowledge of various countries in Africa and emerging markets as well as the deep relationships that he has built over the years will add great value to PPC. We welcome him to the Board and look forward to his insight and contribution.” Sandton 17 October 2014 Sponsor Merrill Lynch South Africa (Pty) Ltd PPC: Azola Lowan Tel: +27 (0) 11 386 9000 Azola.Lowan@ppc.co.za Financial Communications Advisor: Instinctif Partners Morne Reinders Mobile : +27 (82) 480 4541 Morne.reinders@instinctif.com Louise Fortuin Mobile: +27 (71) 605 4294 Louise.fortuin@instinctif.com Date: 17/10/2014 07:05:00 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.