Change to the Board of Directors – Appointment of Alternate Director MASTER PLASTICS LIMITED Incorporated in the Republic of South Africa (Registration number 2016/323930/06) Share code: MAP ISIN: ZAE000242921 (“Master Plastics” or “the Company”) CHANGE TO THE BOARD OF DIRECTORS – APPOINTMENT OF ALTERNATE DIRECTOR In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of Master Plastics (“the Board”) hereby notifies its shareholders of the appointment of Mr Peter Rowse as an alternate director to non-executive director, Mr Paul Botha, with effect from 11 September 2017. Mr Rowse holds a BCom (Financial Analysis) (Hons) and is a Chartered Financial Analyst charterholder. He is an Associate Principal at Metier Private Equity Proprietary Limited (“Metier”), in support of the Capital Growth Funds. He joined Metier in 2010 as an analyst to gain experience in the financial services and private equity industries and now has more than 7 years’ business and investing experience through the private equity investment cycle. Peter has been significantly involved in investments in the education, healthcare, manufacturing, industrial services and clothing retail sectors. The Board welcomes Mr Rowse to the Board and looks forward to his contribution to the Company. Johannesburg 11 September 2017 Designated Adviser Merchantec Capital Date: 11/09/2017 12:10:00 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.