IMPERIAL HOLDINGS LIMITED - Board Appointment

Board Appointment

Imperial Holdings Limited
Registration number: 1946/021048/06
Share code: IPL
ISIN: ZAE000067211
(“Imperial”)

BOARD APPOINTMENT

On the 7th May 2015 it was announced that Mr Thulani Gcabashe would
resign as independent non-executive chairman of Imperial Holdings
Limited at the conclusion of the company’s Annual General Meeting on
the 3rd November 2015, pursuant to his appointment as Chairman of
Standard Bank South Africa Limited.

The directors are pleased to announce the appointment of Dr Suresh
Kana (60), BCom (Hons), MCom, CA (SA) to the board of Imperial with
effect from 1st September 2015, with a view to him being appointed
independent non-executive chairman of the board from the conclusion
of the company’s Annual General Meeting on the 3rd November 2015.

Suresh joined Coopers & Lybrand as an Articled Clerk in 1976 and was
admitted to the partnership in 1986, prior to its merger with Price
Waterhouse in 1998. He has built a distinguished career with PwC,
successfully filling roles of increasing responsibility in the
Accounting Technical field, as Human Capital Leader, as Assurance
Leader, and in leading and defining PwC’s Transformation and
Corporate Social Responsibility Initiatives.

Between 2006 and 2009 he served on the PwC Global Board, which
oversees the strategy, governance and operations of the PwC global
network.   In 2009, he was elected as Territory Senior Partner and
Chief Executive Officer for PwC Southern Africa and in 2012 he was
elected as Territory Senior Partner for PwC Africa, before his
mandatory retirement in June 2015.

Suresh currently serves as an independent non-executive director of
Murray and Roberts Holdings Limited, JSE Limited, Illovo Sugar
Limited and is a Professor of Accounting at the University of
Johannesburg.

The University of Johannesburg and the Nelson Mandela Metropolitan
University have both conferred Honorary Doctorates on Suresh in
recognition of his professional and personal accomplishments
throughout an illustrious career.

The board welcomes Suresh in the confidence that his leadership will
advance the interests of all Imperial stakeholders in the years
ahead.

Company Secretary
RA Venter

By order of the Board
24 August 2015

BEDFORDVIEW
Sponsor
Merrill Lynch South Africa (Pty) Limited

Date: 24/08/2015 10:15:00 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.