Changes to the Board Afrimat Limited (Incorporated in the Republic of South Africa) (Registration number 2006/022534/06) Code: AFT ISIN: ZAE 000086302 ("Afrimat" or “the Company”) CHANGES TO THE AFRIMAT LIMITED BOARD In compliance with Rule 3.59 of the JSE Listing Requirements, Afrimat shareholders are advised of the following change to the board of directors of the Company (“the Board”). The Board is pleased to announce the appointment of Mr Francois M Louw as a non-executive board member with effect from 14 November 2017. Mr Louw holds a BEng (Mechanical) and MBA degree and has 34 years’ of experience in the mining industry. He has extensive experience in company strategy, major capital projects, commercial negotiations, business development and engineering. He was a member of the inaugural executive committee when Kumba Iron Ore Limited, a subsidiary of the Anglo American plc group, was listed on the JSE in November 2006 and served on the executive committee and the board of Sishen Iron Ore Proprietary Limited, a Kumba Iron Ore Limited subsidiary up until April 2015. Prior to this Mr Louw served in various operations and project positions in the iron ore, heavy minerals and coal sectors. The Board would like to welcome Mr Louw to the Company and wish him well in his respective position. Cape Town 14 November 2017 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 14/11/2017 11:45:00 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.