Changes to the board of directors BRIKOR LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/013247/06) JSE Share code: BIK ISIN: ZAE000101945 ("Brikor” or “the Company”) CHANGES TO THE BOARD OF DIRECTORS In compliance with Section 3.59 of the Listing Requirements of the JSE Limited, Brikor’s shareholders are hereby notified of the following changes to the board of directors of Brikor. 1. Appointments The following appointments have been made with immediate effect: - Mr Garnett Parkin (jr) has been appointed as Chief Executive Officer of Brikor. Mr Parkin has acted as Interim CEO since 20 January 2015. - Mr Peter Moyanga has been appointed as lead independent non-executive director. - Ms Ina McDonald has been appointed as Chairman. - Mr AP van der Merwe has been appointed as non-executive director. Ina is an attorney by trade. She joined the Department of Justice in 1979, and started her own firm in 1990. Ina is also involved in non-profit organisations, being the Chairman of Child Welfare in Springs and the Founding member and Chairman Operation Snowdrop. She is the Executrix in the Estate of the late GvN Parkin, the previous CEO of Brikor. AP started his banking career with Trust Bank in 1970. After filling various positions in Nedfin Bank, he rose to the level of Divisional Manager, Business Banking Division of Nedcor in 1994. AP took early retirement in 2004, and has since done consulting work for various companies. 2. Appointment of Committees Shareholders are hereby notified of the following appointments to the various committees: - Audit and Risk Committee: Mr Peter Moyanga as the Chairman of the Committee, with Ms Limpho Hani Mr AP van der Merwe and Mr Colin Madolo as members. - Remuneration Committee: Mr Colin Madolo as Chairman and Ms Limpho Hani as member. - Social and Ethics Committee: Ms Limpho Hani as Chairman and Mr Peter Moyanga as member. 13 November 2015 Nigel Designated Adviser Exchange Sponsors Date: 13/11/2015 03:20:00 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.