Changes to the Board – Resignation of a Director and Appointment of Directors RENERGEN LIMITED Incorporated in the Republic of South Africa (formerly Dominica Trade Proprietary Limited) (Registration number: 2014/195093/06) Share code: REN ISIN: ZAE000202610 (“RENERGEN” or “the Company”) CHANGES TO THE BOARD – RESIGNATION OF A DIRECTOR AND APPOINTMENT OF DIRECTORS Shareholders are referred to the ‘Results of General Meeting’ announcement released on SENS today, 25 November 2015, wherein shareholders were advised that the acquisition by RENERGEN of 90% of the issued share capital in and claims against of Molopo South Africa Exploration and Production Proprietary Limited (“Molopo”) from Windfall Energy Proprietary Limited (the “Acquisition”) had been approved. Consequently, in compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, shareholders are hereby advised that, with immediate effect: - Mr Clive Angel has resigned as an executive director and Financial Director of the Company having served his term which terminates upon the approval of the Acquisition; - Ms Fulu Ravele CA(SA) has been appointed as Financial Director of the Company; and - Mr Nick Mitchell has been appointed as an executive director of the Company and Chief Operating Officer. The board of directors of RENERGEN (“Board”) wishes to thank Mr Angel for his valued contributions during his tenure as Financial Director of the Company. Ms Ravele, who completed her articles at Deloitte in 2012, held a position at Barclays Capital prior to her appointment as Financial Director of Molopo in July 2015 Mr Mitchell, who was instrumental in the acquisition of Molopo from Molopo Energy Limited in May 2013 subsequently developed and implemented Molopo’s vertically integrated business plan. Moreover, Mr Mitchell has extensive experience in infrastructure projects across the continent and has an extensive network of contacts in territories such as Cote D’Ivoire, the Democratic Republic of Congo and Mozambique, which the Board believes will assist RENERGEN in developing its growth strategy. 25 November 2015 Johannesburg Designated Adviser Merchantec Capital Date: 25/11/2015 03:57:00 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.