Changes to the board Finbond Group Limited (Incorporated in the Republic of South Africa) (Registration number: 2001/015761/06) Share code: FGL ISIN: ZAE000138095 (‘Finbond’ or ‘the Company’) CHANGES TO THE BOARD In terms of paragraph 3.59 of the JSE Limited Listings Requirements, Finbond Group Limited wishes to advise shareholders of the resignation of Mr. Gary Sayers as Financial Director of Finbond with effect from 30 June 2016. Mr. Sayers has decided to pursue his own business interests. The board of Finbond wishes to thank Mr. Sayers for the valuable contributions he has made to the Company and wish him all the best with his future endeavours. In terms of paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that Mr. Corne Eksteen has been appointed and will assume the role of Financial Director of Finbond from 1 July 2016. Corne is a versatile senior financial executive with significant experience in strategic and financial business planning, day-to-day management of the finance department and operational improvements for high-level and complex initiatives. Corne has a combination of strong business knowledge, international experience and technical abilities that he gained from various senior level positions held at companies in Sub-Saharan Africa, and the United States of America. Corne is a qualified South African Chartered Accountant since 2000 and United States of America Certified Public Accountant since 2005. Corne has served as Group Financial Manager at Finbond Group Limited responsible for the group wide finance and statutory functions since 2015. Prior to Finbond Group Limited, Corne served as the Chief Financial Officer for FNB Trust Services (Pty) Ltd including representing them as a Non- Executive Director of FNB Trust Service (Namibia) (Pty) Ltd. Before that, Corne spent 7 years in the financial services industry in Washington DC as a management consultant and the Director: Analysis, Analytics and Controls at the Federal National Mortgage Association, commonly known as Fannie Mae. Corne completed his articles at KPMG South Africa, where he stayed on for 3 years in a management role before moving to PWC in Washington DC. He obtained his B.Com (Accounting) Honours from the University of Pretoria. Pretoria 27 May 2016 Sponsor: Grindrod Bank Limited Date: 27/05/2016 05:30:00 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.