Resignation of a director, change in the functions of directors, change in composition of the board and change in th Purple Group Limited (Incorporated in the Republic of South Africa) (Registration number 1998/013637/06) Share code: PPE ISIN: ZAE000185526 (“Purple Group” or “the Company”) RESIGNATION OF A DIRECTOR, CHANGE IN THE FUNCTIONS OF DIRECTORS, CHANGE IN COMPOSITION OF THE BOARD AND CHANGE IN THE COMPOSITION OF THE AUDIT AND REMUNERATION COMMITTEES In compliance with paragraph 3.59(c) of the Listings Requirements of the JSE Limited, shareholders are hereby notified of the following changes: Thembeka Gwagwa has resigned from the Board with immediate effect to pursue other ventures. The Board would like to thank Thembeka for her contribution to the Company and wish her well. Mr Craig Carter is currently a Non-Executive Director of the board and the Chairman of the Audit Committee and the Social and Ethics committee. Effective immediately Mr Carter’s function will be changed to an Independent Non-Executive Director and he has been appointed as the Chairman of the Remuneration Committee. Mr Dennis Alter is currently a Non-Executive Director of the Board and a member of the Audit Committee. Effective immediately Mr Alter’s function will be changed to Independent Non-Executive Director. Mark Barnes, the Non-Executive Chairman of the Board has been appointed onto the Audit Committee to replace Thembeka Gwagwa. Subsequent to the aforementioned changes, the Board will from 31 August 2016 comprise Mr Mark Barnes (Non-Executive Chairman), Charles Savage (Chief Executive Officer), Gary van Dyk (Chief Financial and Operations Officer), Dennis Alter (Independent Non-executive Director), Craig Carter (Independent Non-executive Director), and Ronnie Lubner (Lead Non-executive Director). The Remuneration Committee will from 31 August 2016 comprise Mr Craig Carter (Chairman), Mr Ronnie Lubner and Mr Mark Barnes. The Audit Committee will from 31 August 2016 comprise Mr Craig Carter (Chairman), Mr Dennis Alter and Mr Mark Barnes. The composition of the Board and the other Committees will continue to be reviewed to ensure that it remains compliant with the King III requirements insofar as is practicable. Johannesburg 31 August 2016 Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited Date: 31/08/2016 12:10:00 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.