PPC LIMITED - Appointment of Executive Director and Chief Executive Officer

Appointment of Executive Director and Chief Executive Officer

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")

APPOINTMENT OF EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER

PPC is pleased to announce the appointment of Mr Darryll Castle as
executive director and Chief Executive Officer to the Board of PPC. His
appointment is effective 12 January 2015.

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 recently 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 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 as well as deep relationships
on the continent and in other emerging markets will add further impetus to
PPC’s growth strategy.

“We welcome him to the Board in an executive capacity and look forward to
working with him in delivering on the Company’s mandate from shareholders.”

Sandton
17 December 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

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