Appointment to the Board Insimbi Refractory and Alloy Supplies Limited (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB ISIN: ZAE000116828 (“Insimbi” or “the Company”) APPOINTMENT OF PAMELA MOGOTLANE AND NELSON MWALE AS NON-EXECUTIVE DIRECTORS OF THE COMPANY In compliance with paragraph 3.59 of the Listing Requirements, shareholders are notified that the board of directors of Insimbi is pleased to announce the appointment of Ms. Pamela Mogotlane and Mr. Nelson Mwale as non-executive directors of the Company; both appointments are effective 8 June 2016. Pamela holds a Bachelor of Commerce Degree with 15 years of financial industry experience. She began her career as a Junior Accountant at Fabcos Investments Holding where she gained experience in finance. She then moved to Leading Travel Agency as a Finance Manager. Pamela is the Finance Director for New Seasons and serves on numerous boards of the group of companies within the New Seasons portfolio. Nelson holds a National Higher Diploma in Mechanical Engineering, a Diploma in Management from Henley Management College, a Management Advancement Programme qualification from Wits University Business School and a Masters in Business Administration from Brunel University in the United Kingdom. His widespread work experience in manufacturing includes working as a project engineer at Barlows Earthmoving Equipment Company, a Technical Engineer at Dorbyl Structures and a Packaging Manager (and general project manager) at South African Breweries. Nelson is the former Operations Director and shareholder of Namitech, the secure technology and solutions provider to key market focus areas. Nelson has vast experience in the West and East African markets and was instrumental in setting up the Namitech West Africa operation in Nigeria. Nelson is the Chief Operations Officer for New Seasons and serves on numerous boards of group companies within the New Seasons portfolio. Johannesburg 8 June 2016 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 08/06/2016 09:01:00 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.