GROUP FIVE LIMITED - Non Executive Director and Remuneration Committee Chairman, Mark Thompson, announces resignation

Non Executive Director and Remuneration Committee Chairman, Mark Thompson, announces resignation

Group Five Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1969/000032/06)
Share code: GRF ISIN: ZAE 000027405
("Group Five” or "the Company" or "the Group")

NON EXECUTIVE DIRECTOR AND REMUNERATION COMMITTEE CHAIRMAN,
MARK THOMPSON, ANNOUNCES RESIGNATION

The board of Group Five advises that non-executive director Mark Thompson, has announced his
resignation from the board with effect from April 6, 2017.

We thank Mark for his contribution to the group over the last 3 years and wish him well in his future
endeavours.

A process of recruiting three non-executive directors to balance the board and enhance its
diversity, has been initiated.

As announced in February this year, the group continues to focus on aggressively implementing
the restructure programme, with a view to flatten the operating structure, right size the organisation,
reduce overheads and improve operational efficiency. This program is backed by a retrenchment
process that is currently underway along with a retention plan targeted at key personnel.

The group is pleased to announce its success in securing three major projects with a combined
value in excess of R2 billion, in the last month.

Johannesburg
7 April 2017

Sponsor
NEDBANK CORPORATE AND INVESTMENT BANKING

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