TIGER BRANDS LIMITED - CEO to step down

CEO to step down

TIGER BRANDS LIMITED
“Tiger Brands” or “the Company”
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080


CEO TO STEP DOWN


The Chairman and Board of Tiger Brands Limited announce that the Group’s
CEO, Peter Matlare, has reached agreement with the Board, regarding his
decision to step down as CEO.

The Board has agreed that Mr Matla re will remain in his position until
31 December 2015 and wish him fulfilment and success as he undertakes new
challenges and opportunities.

The search for a successor is underway.


Bryanston
25 September 2015

Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

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