Appointment to the Board Insimbi Refractory and Alloy Supplies Limited (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB ISIN: ZAE000116828 (“Insimbi” or “the Company”) APPOINTMENT TO THE BOARD In Compliance with paragraph 3.59 of the Listing Requirements of the JSE, shareholders are notified of the following: The Insimbi Board is pleased to announce with immediate effect the appointment of Mrs Cleopatra Shiceka as an independent non-executive director of the Company. Mrs Cleopatra Shiceka will be appointed as the chairman of the Audit and Risk committee, and a member of the Social and Ethics and Nomination and Remuneration committees. Cleopatra holds both a Bachelor of Arts in Law and Bachelor of Law degrees from the University of Swaziland, as well as a Higher Diploma in Tax Law from the University of Witwatersrand. She studied Intermodal Logistics, brokering and chartering, as well as port and terminal operations at the Global Maritime school in New York and has completed a number of leadership development courses, including Advanced Strategic Management (IMD, Switzerland), Advanced Project Finance (Institute of Euromoney, London) and Advanced Leadership Development Program (GIBS). Cleopatra is currently GM to the Office of the Chief Executive of Transnet Freight Rail. She has served on several legal committees, as well as the General Counsel on the Executive Board of the Union of African Railways and as the African Region representative that advised the Executive Board of the International Association of Railways in Paris. She has served as non-executive director and/or chairperson of various companies and committees. Johannesburg 09 July 2015 Sponsor: Bridge Capital Advisors (Pty) Limited Date: 09/07/2015 05:05:00 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.