JASCO ELECTRONICS HOLDINGS LIMITED - Change in Auditor

Change in Auditor

JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1987/003293/06)
Share Code: JSC               
ISIN: ZAE000003794
("Jasco" or “the Group”)


CHANGE IN AUDITOR


Shareholders are advised in terms of paragraph 3.78 of the JSE Listings Requirements
that PwC Inc. (“PwC”) have been appointed as external auditors, with Mr Brett
Humphreys as designated audit partner for the current financial year ending 30 June
2018, replacing Ernst & Young Incorporated with immediate effect.

The change in audit firm was initiated by the Company and is due to the impending
mandatory audit firm rotation. As such, the Company requested proposals for the 2018
audit of the Company from other audit firms. The Audit and Risk Committee of the
Company concluded that the services of EY as auditors should be terminated in order to
align with the budget which the Company had set aside for audit services.

16 April 2018
Midrand

Sponsor
Grindrod Bank

Date: 16/04/2018 02:15:00 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.