Changes to the board of directors DIGICORE HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/012601/06) Share Code: DGC ISIN Number: ZAE000016945 ("DigiCore" or "the Company" or "the Group") CHANGES TO THE BOARD OF DIRECTORS In compliance with paragraph 3.59(a) and paragraph 3.59 (b) of the JSE Limited (“JSE”) Listings Requirements, DigiCore hereby advises shareholders of the following changes that are taking place to the board of directors: - Jacob D. Wiese has tendered his resignation as non-executive director as well as chairman of the social, ethics and transformation committee with effect from 26 January 2015. The board wishes to thank Jacob for his dedication over the time he served on the board and the social, ethics and transformation committee and wishes him well in his future endeavours. - Johan le Roux has been appointed as a non-executive director to the board and will replace Jacob D. Wiese as chairman of the social, ethics and transformation committee. Johan completed his BComm degree in Institutional Investments at the University of Stellenbosch in 2000. He spent 10 years working in the retail credit industry before becoming the executive director of a private investment company in addition to serving on the board of a number of portfolio companies. - Stephen P. (Steve) Naudé, who was elected as an alternate non- executive director for Jacob D. Wiese has been appointed as a permanent non-executive director to the board. Steve is an entrepreneurial senior executive, a Chartered Accountant who is also MBA qualified, with more than thirty year’s experience in corporate finance and investment banking in both domestic and cross border markets over a variety of industries and size. Steve currently serves, inter alia, on the board, audit and risk committee and remuneration committee of a JSE listed company and on the board and audit committee of a private technology company. 27 January 2015 Centurion Sponsor PSG Capital Date: 27/01/2015 05:10:00 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.