Change to the Board of Directors - Retirement of an independent non-executive director Metrofile Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1983/012697/06) Share code: MFL ISIN: ZAE000061727 ("Metrofile Holdings") CHANGE TO THE BOARD OF DIRECTORS Retirement of an independent non-executive director In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that Mr Nigel Matthews will retire from the Metrofile Holdings Board of Directors (the “Board”) as an independent non-executive director, the Lead Independent Director and member of the Audit, Governance and Risk Committee, Nominations Committee, Remuneration Committee and Social, Ethics and Transformation Committee with effect from 30 June 2018. Mr Matthews was appointed to the Board on 1 June 2006 and, during his tenure as a non-executive director, held the position, until recently, as the Chairman of the Audit, Governance and Risk Committee. Mr Matthews’ experience and contribution to Board and Committee discussions and debates ranging from finance, accounting and corporate governance and his broad business experience made him a valuable member of the Board. The Board, Metrofile Holdings Executive Committee and management would like to thank Mr Matthews for his significant contribution to the Metrofile Holdings business over the past 11 years. Johannesburg 5 December 2017 Sponsor The Standard Bank of South Africa Limited Date: 05/12/2017 09:13:00 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.