CITY OF JOHANNESBURG METROPOLITAN MUNICIPALITY - Changes To Management

Changes To Management

THE CITY OF JOHANNESBURG METROPOLITAN MUNICIPALITY

(A metropolitan municipality duly established by virtue of Notice 6766 of
01 October 2000, issued in terms of Section 12(1) read with Section 14(2)
of the Local Government Municipal Structures Act, 1998 as amended and
published in Provincial Gazette extraordinary No. 141 of 10 October 2000,
as amended by Notice No. 8698 of 2000 published in Provincial Gazette
extraordinary No. 195 of 04 December 2000)

Instrument Code: COJ04  ISIN: ZAG000030941
Instrument Code: COJ05  ISIN: ZAG000054339
Instrument Code: COJ07  ISIN: ZAG000085044
Instrument Code: COJ08  ISIN: ZAG000137571
Instrument Code: COJG01 ISIN: ZAG000116708
(“CJMM”)

CHANGES TO MANAGEMENT

Noteholders are advised of Mr Reginald Boqo’s imminent departure from the
City of Johannesburg as its Group Chief Financial Officer, to explore new
ventures outside the City of Johannesburg. Mr Boqo has diligently served the
City of Johannesburg since 2013 and leaves behind a competent team.

The issuer’s recruitment process is currently underway and a new Group Chief
Financial Officer will be announced in due course. Mr Ishwar Ramdas is
currently acting as the Group Chief Financial Officer.

The Issuer would like to thank Mr Boqo for his contribution and wishes him
well in all his future endeavours.



Johannesburg
5 July 2017
Debt Sponsor
The Standard Bank of South Africa Limited

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