PUTPROP LIMITED - Change to the Board of Directors Appointment of Directors

Change to the Board of Directors – Appointment of Directors

Putprop Limited
Incorporated in the Republic of South Africa
(Registration number [1988/001085/06])
Share code: PPR ISIN: ZAE000072310
(“Putprop” or “the Company”)


CHANGE TO THE BOARD OF DIRECTORS – APPOINTMENT OF DIRECTORS


In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of
Putprop (“the Board”) hereby notifies its shareholders that Mr Mark W Gemmill (“Mark”), Mr Richard
Tiefenthaler (“Richard”), Ms Nonku Ntshona (“Nonku”) and Mr Kura Chihota (“Kura”) have been appointed
as independent non-executive directors with immediate effect.

In addition to having obtained numerous qualifications internationally, Mark has a Masters degree in
Business Administration from the University of Cape Town. With over 20 years’ experience in the corporate
finance and investment banking sectors both locally and abroad, Mark is currently the manager of a niche
focussed transaction origination and execution service provider which he founded in 2007.

Richard, who is a qualified attorney and professional Quantity Surveyor, holds an International MBA (Linz,
Austria) and is a member of, inter alia, the Law Society of Gauteng, the Association of South African
Quantity Surveyors and the South African Institute of Building. Following two years as a property
development manager, Richard is currently practising as a senior partner of Tiefenthaler Attorneys and is a
member of Tiefenthaler Consulting.

Nonku is a qualified Quantity Surveyor with a post graduate diploma in Property Development and
Management and a Masters degree in Building. She is a member on numerous professional bodies such as
council member at the South African Property Owners Association (SAPOA) and the South African Council
of Quantity Surveyors Profession (SACQSP). Nonku is the founder and Managing Director of Nonku
Ntshona & Associates Quantity Surveyors Proprietary Limited.

Kura is a property practitioner with over 15 years’ experience in the real estate sector. Subsequent to
obtaining his BCom degree, Kura also completed a Postgraduate Diploma in Business Management
(DeMontfort, United Kingdom), a Real Estate Management Programme (Harvard Business School, United
States) and a Property Development Programme (University of Cape Town). He is currently the Managing
Director of Leapfrog Commercial Property Group, a commercial consultancy, and sits on the board of a large
listed property income fund.

The Board welcomes Mark, Richard, Nonku and Kura, and looks forward to their contributions to the
Company.

Johannesburg
24 February 2015


Sponsor
Merchantec Capital

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