Appointment of independent non-executive director to the board of Bidvest The Bidvest Group Limited (Incorporated in the Republic of South Africa) (Registration number 1946/021180/06) Share code: BVT ISIN ZAE000117321 ("Bidvest" or “the Group”) APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR TO THE BOARD OF BIDVEST In compliance with Section 3.59 of the listing requirements of the JSE Limited, Bidvest is pleased to announce the appointment, with immediate effect, of Carol Winifred Nosipho Molope (Nosipho) as an Independent Non-executive Director; to the Bidvest board. Nosipho has a B.Sc (Med) (Wits), B Compt (Hon) (Unisa) and is a CA(SA). Nosipho has gained experience over a number of years in the financial services sector and was the Chief Financial Officer at the Financial Services Board (FSB) from August 2005 to December 2008. Nosipho is a director on a number of listed and unlisted companies in South Africa namely, Engen Limited, Mobile Telephone Networks (Pty) Limited (MTN), Old Mutual Life Assurance Company (South Africa) Limited, Old Mutual Emerging Markets Limited, South32 Coal Holdings (Pty) Limited and Toyota Financial Services (South Africa) Limited. Nosipho’s board committee membership on these companies include Audit, Risk and Compliance, Credit and Remuneration. The board welcomes Nosipho to Bidvest. Date: August 2, 2017 Johannesburg Sponsor: Investec Date: 02/08/2017 12:36:00 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.