Resignation of chief executive officer Delta EMD Limited (Incorporated in the Republic of South Africa) Registration number 1919/006020/06 ISIN: ZAE000132817 Share code: DTA (“the Group” or "the company") RESIGNATION OF CHIEF EXECUTIVE OFFICER Shareholders are referred to the Group’s 2014 annual general meeting held on 9 May 2014, at which shareholders voted in favour of a resolution approving the board’s decision to discontinue the Group’s business and realise value for the Group’s assets during 2014 and 2015. Following such approval the Group entered into agreements with certain senior management regarding their employment through the discontinuation of the Group’s business. An agreement with Mr Praveen Baijnath provided for him to continue his employment with the company through 30 March 2015. He has subsequently agreed to remain in the Group’s employment through 14 May 2015, the date of the Group’s 2015 annual general meeting, at which time he will resign as the Group’s Chief Executive Officer and will stand for re-election as a non-executive director. The Board wishes to thank Mr. Baijnath for his several years of service as Chief Executive Officer and for undertaking the considerable efforts necessary to discontinue the Group’s business and realise good value for the Group’s assets. 11 March 2015 Nelspruit Merchant bank and sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 11/03/2015 07:30:00 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.