METROFILE HOLDINGS LIMITED - Change to the Board of Directors - Retirement of an independent non-executive director

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

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