ECSPONENT LIMITED - CHANGES TO THE BOARD OF DIRECTORS AND AUDIT COMMITTEE

CHANGES TO THE BOARD OF DIRECTORS AND AUDIT COMMITTEE

ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS | ISIN: ZAE000179594
("the Company" or "Ecsponent")


CHANGES TO THE BOARD OF DIRECTORS AND AUDIT COMMITTEE


In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders are
advised of the following changes to the board of directors of the Company (“the Board”) and the Audit
Committee, as of 20 March 2017:

The Board:

The Company is pleased to announce the following appointments to the Board:

–   Mr George Manyere has been appointed to the Board as non-executive vice chairman. George holds
    a B.Acc (Hons) from the University of South Africa. Until recently, he was the chief executive
    officer/chief investment officer of Brainworks Limited. Brainworks Limited is a Mauritian registered
    investment holding company, focused on investments in the Zimbabwean hospitality, real estate,
    financial services and logistics sectors. Prior to founding Brainworks Limited, George was an
    investment professional with the International Finance Corporation (IFC), headquartered in
    Washington DC. George serves as a director on the boards of several companies.

–   Mr Willem Oberholzer has been appointed to the Board as an independent non-executive director.
    Willem is a CA(SA) and holds an M.Com (Tax), with 20 years’ experience in start-ups, company
    formations, company turn-arounds, mergers and acquisitions, complex tax structures, tax dispute
    resolutions and tax litigation. In addition to holding several directorships, he lectures to students
    studying towards Master’s degrees in Taxation at the University of Pretoria.

The Board welcomes George and Willem and looks forward to their contributions to the Company.

Audit Committee:

The Board further advises shareholders that Mr Willem Oberholzer has been appointed to the Company’s
Audit Committee. Because of the appointment of a further member to the Audit Committee, Mr Richard
Connellan, the Chairman of the Board, has resigned from the Audit Committee.


Pretoria
22 March 2017

Sponsor:
Questco Proprietary Limited

Date: 22/03/2017 02:30:00 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.