Market update regarding acting Financial Director SASFIN HOLDINGS LIMITED (Incorporated In the Republic Of South Africa) (Registration Number 1987/002097/06) (“Sasfin” or “the Company”) Ordinary share code: SFN ISIN: ZAE000006565 Preference share code: SFNP ISIN: ZAE000060273 MARKET UPDATE REGARDING ACTING FINANCIAL DIRECTOR Shareholders are referred to the announcement dated 20 January 2017 wherein they were advised that Mr Tyrone Devrajh Soondarjee, the Group Financial Director, will retire with effect from 30 June 2017 from the Sasfin board and subsidiary boards where applicable, including Sasfin Bank Limited. The Company is still in the process of recruiting a replacement for Mr Soondarjee. Accordingly, Mr Lushendren Pather, Chief Financial Officer of Sasfin Bank Limited and Sasfin Holdings Limited, has been appointed as acting Group Financial Director with effect from 1 July 2017 until such time that a permanent Group Financial Director is appointed. Shareholders are further advised that Mr Lushendren Pather has also been appointed as Acting Financial Director and as Financial Director Designate of Sasfin Bank Limited with effect from 1 July 2017, which confirmation will be subject, inter alia, to regulatory approval. Shareholders will be updated with regards to these appointments in due course. Johannesburg 21 June 2017 Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 21/06/2017 09:56:00 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.