Alexander Forbes Announces board and audit committee appointments: Ms Bridget Radebe and Mr Hillie Meyer Alexander Forbes Group Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2006/025226/06) ISIN: ZAE000191516 Share Code: AFH (“the Company”) ALEXANDER FORBES ANNOUNCES BOARD AND AUDIT COMMITTEE APPOINTMENTS: MS BRIDGET RADEBE AND MR HILLIE MEYER In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that Ms Bridget Radebe has been appointed as non-executive director of Alexander Forbes Group Holdings Limited, with effect from 1 September 2017 and Mr Hilgard Pieter Meyer as a member of the Company’s audit committee effective 28 August 2017. Mr Meyer currently serves as the independent director of the Company. Ms Radebe was recently appointed as the Chief Financial Officer of Ubuntu Botho Investments Proprietary Limited and African Rainbow Capital Proprietary Limited. She serves on the boards of ARC Investments Limited, Colourfield Liability Solutions Proprietary Limited and A2X Proprietary Limited. She is also a member of the SAICA Accreditations and Monitoring Sub Committee, and was previously a partner at Deloitte & Touche. Ms Radebe leverages her multidisciplinary leadership style, strategic leadership and a solid, practical understanding of both private and listed client environments in a variety of industries to deliver results. She is a Chartered Accountant (SA) and holds a BCom Degree from the University of the Witwatersrand and an Honours degree from the University of KwaZulu-Natal. Mr Sello Moloko, Non-Executive Chairman of Alexander Forbes says Ms Radebe’s expertise and strategic insights will be invaluable to the company’s ambition to build a globally distinctive pan-African financial services company. Sandton 29 August 2017 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 29/08/2017 05:30:00 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.