Change To The Board Of Directors – Appointment Of An Independent Non-Executive Director PSG Konsult Limited (Incorporated in the Republic of South Africa) Registration Number: 1993/003941/06 JSE Share Code: KST NSX Share Code: KFS ISIN Code: ZAE000191417 (“PSG Konsult” or “the Company”) CHANGE TO THE BOARD OF DIRECTORS – APPOINTMENT OF AN INDEPENDENT NON- EXECUTIVE DIRECTOR In accordance with paragraph 3.59(a) of the JSE Limited Listings Requirements, the following information is disclosed: The board is pleased to announce that Ms Zodwa Matsau has been appointed as an independent non-executive director of the Company and a member of PSG Konsult’s Audit Committee and Risk Committee, with effect from 20 July 2017. Ms Matsau holds the qualifications M.Phil Economics and BA Economics. She started her career as an economist at the Central Bank of Lesotho and was ultimately promoted to Head of Money & Capital Markets: Central Bank of Lesotho. Her career experience thereafter included 18 years at the South African Reserve Bank in various key roles, including serving as Company Secretary and finally serving as Senior Deputy General Manager: Financial Markets. The board is delighted with the appointment of Ms Matsau and looks forward to her contribution. Tyger Valley 19 July 2017 JSE Sponsor: PSG Capital Proprietary Limited NSX Sponsor: PSG Wealth Management (Namibia) Proprietary Limited, member of the Namibian Stock Exchange Date: 19/07/2017 01:00:00 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.