Appointment of PPC Board Chairman PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number: 1892/000667/06) JSE Code: PPC ISIN: ZAE000170049 ("PPC" or the "Company") APPOINTMENT OF PPC BOARD CHAIRMAN Shareholders are referred to the results of the annual general meeting announcement released on SENS on 26 January 2016 and a subsequent announcement released on 30 March 2016, wherein they were advised of the retirement of the Chairman of the PPC Board (“Board”), Mr Bheki Sibiya, and the subsequent appointment of an interim Chairman, Mr Peter Nelson. The Board has now appointed Mr Nelson as the permanent Chairman with effect from 24 October 2016. Having successfully led the Board during the capital raise period, and given his outstanding performance, the Board believes that Mr Nelson is well suited to lead the Board and the company on a permanent basis. Mr Nelson was appointed to the Board as an independent non-executive director on 25 January 2015. His experience covers manufacturing, mining, telecommunications, healthcare, leisure, property, packaging and the motor industry in listed and private entities in South Africa, the United Kingdom, Zimbabwe and Nigeria. He has served as CFO on several Boards including Telkom, Netcare, Mondi and was the Financial Director of PPC for the period 2000 to 2003. Sandton 24 October 2016 Sponsor: Merrill Lynch South Africa (Pty) Ltd PPC: Azola Lowan Tel: +27 (0) 11 386 9000 Azola.Lowan@ppc.co.za Financial Communications Advisor: Instinctif Partners Morne Reinders Mobile: +27 (0) 82 325 1810 Morne.Reinders@instinctif.com Louise Fortuin Mobile: +27 (0) 71 605 4294 Louise.fortuin@instinctif.com Date: 24/10/2016 03:19:00 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.