Changes to the board SASFIN HOLDINGS LIMITED (Incorporated In the Republic Of South Africa) (Registration Number 1987/002097/06) Ordinary share code: SFN ISIN: ZAE000006565 Preference share code: SFNP ISIN: ZAE000060273 (“Sasfin” or “the Company”) CHANGE TO THE BOARD In compliance with paragraph 3.59 of the JSE Limited Listings Requirements shareholders are advised of changes to the Sasfin board of directors (“Board”) and related subsidiary boards as set out below. Resignation of Mr John Moses After six and a half years of service to the group, Mr John Moses has notified the Board that he will resign as an independent non-executive director of the Board and the relevant Sasfin subsidiary boards with immediate effect. The Board extends its appreciation to John for his invaluable contribution to the Sasfin group during his tenure as an independent non-executive director. Appointment of Ms Gugu Mtetwa Sasfin shareholders are advised that Ms Gugu Mtetwa has been appointed as an independent non-executive director of the Company with immediate effect. It is intended that Gugu will also serve on a number of Board committees to be determined. Brief CV Gugu is a senior executive with over 15 years of experience in the Financial Services and Telecommunications industries, with specific expertise in Short and Long term Insurance, Investment Management, Real Estate and Technology. Her key areas of focus include Auditing, Risk Management, Financial Management, Public Finance Management, Investment Management, International Financial Reporting Standards, International Standards on Auditing, and Corporate Governance. Gugu is currently an independent non-executive director of several companies including the Development Bank of Southern Africa, Santam Limited and Italtile Limited. The Board welcomes Gugu and looks forward to the knowledge and experience she will contribute. Johannesburg 28 August 2017 Sponsor Sasfin Capital (a member of the Sasfin group) Date: 28/08/2017 01:26:00 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.