Appointment to the Board M FiTEC International Limited Incorporated in the Republic of South Africa (Registration number 2015/294800/06) Share code: MFI ISIN: ZAE000209607 (“M-FiTEC” or “the Company”) APPOINTMENT TO THE BOARD In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of M-FiTEC (“the Board”) hereby notifies shareholders that Mr Marius Oberholzer has been appointed as a non-executive director with immediate effect. Marius is currently Head of the Absolute Return strategies at STANLIB where he and his team manage in excess of R10 billion across asset classes in the public and private markets. Prior to joining STANLIB, Marius held the position of Managing Partner at Sarala Capital where he was focused on corporate finance solutions and spearheading the group’s unlisted investment activities. Marius also worked at TT International in London and Hong Kong where he focused primarily on managing the company’s Asian Opportunities Long Short Equity Hedge Fund. Marius holds a BCom (Economics and Commercial Law) from the University of Stellenbosch and an MSc in Global Finance from the Hong Kong University of Science and Technology and New York University. The Board welcomes Marius and looks forward to his contribution to the Company. Johannesburg 10 December 2015 Designated Adviser Merchantec Capital Date: 10/12/2015 04:35:00 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.