DISTELL GROUP LIMITED - Retirement of existing chairman and appointment of new chairman

Retirement of existing chairman and appointment of new chairman

Distell Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1988/005808/06
ISIN Code: ZAE000028668
Share code: DST
(“Distell” or “the Company”)

RETIREMENT OF EXISTING CHAIRMAN AND APPOINTMENT OF NEW CHAIRMAN

In compliance with paragraph 3.59 of the JSE Limited Listings
Requirements, the following information is disclosed:

The Board of Directors of Distell hereby announces that Mr David
Nurek will retire as Independent Non-Executive Director and Chairman
of Distell, with effect from 24 November 2016.

Mr Nurek was appointed as Chairman of the board in 2000. He has
served Distell with distinction in a number of capacities, including
being a member of the remuneration, audit, risk and investment
subcommittees.

The Board wishes to thank Mr Nurek for his contribution to the
Company and wishes him well in his future endeavours.

The Board of Directors of Distell further announces that Mr Jannie
Durand, who joined the board in 2012 as a Non-Executive Director,
will succeed Mr Nurek as Chairman, with effect from 24 November 2016.

Mr Durand is Chief Executive Officer of Remgro and a director of,
inter alia, RCL Foods, Capevin Holdings and Mediclinic International
PLC. He is also a member of the remuneration committee, nomination
committee and investment sub-committee of Distell.

Mr Andre Parker, who joined the board in 2008 as Independent Non-
Executive Director, has been appointed as Lead Independent Director
with effect from 24 November 2016.

Mr Parker is currently the chairman of Tiger Brands. Retired as
managing director of SABMiller Africa & Asia, he served on several
boards of SABMiller subsidiaries in these territories and was also an
executive committee member of SABMiller plc. He is also a director of
Standard Bank. Mr Parker was appointed chairman of the remuneration
committee of Distell in 2013 and is also a member of the nomination
committee and investment sub-committee.


Stellenbosch
24 November 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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