Changes to the board of directors and committee composition BELL EQUIPMENT LIMITED (Incorporated in the Republic of South Africa) Registration number 1968/013656/06 ISIN: ZAE000028304 Share Code: BEL (“the Company”) CHANGES TO THE BOARD OF DIRECTORS AND COMMITTEE COMPOSITION In terms of section 3.59 of the Listings Requirements of the JSE Limited, shareholders are advised of the following changes to the Board of Directors: - The appointment of Mr Avishkar Goordeen as an alternate director to executive director, Mr Leon Goosen, with effect from yesterday, 27 November 2017. Mr Goordeen holds a BCompt Honours degree and is a Chartered Accountant. He has been involved with the Company for eleven years and is currently the group corporate development executive and a director of two of the Company’s subsidiaries, Bell Equipment Company South Africa (Pty) Ltd and Bell Equipment Sales SA Limited. The Board welcomes Mr Goordeen to the Board and looks forward to his contribution to the Company. - The resignation of Ms Bharti Harie as a non-executive director and as a member of the Social, Ethics and Transformation Committee of the Board with effect from yesterday 27 November 2017. The Board would like to express its gratitude and appreciation to Ms Harie for her valuable contribution to Bell Equipment over the past seven years. Following the resignation of Ms Harie, Mr Rajendran Naidu has been appointed to the Social, Ethics and Transformation Committee with effect from yesterday 27 November 2017. Mr Naidu currently serves as an independent non-executive director of the Company. Richards Bay 28 November 2017 Sponsor: INVESTEC BANK LIMITED Date: 28/11/2017 01:50:00 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.