Changes to the Board of Directors HULAMIN LIMITED Incorporated in the Republic of South Africa (Registration number 1940/013924/06) ISIN: ZAE000096210 JSE Code: HLM (“Hulamin” or “the Company”) CHANGES TO THE BOARD OF DIRECTORS Resignation and Appointment of the Chairman of the Board In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders are advised that the Chairman of the board of directors of Hulamin (the “Board”), Mr ME Mkwanazi, has resigned from his position as such with effect from 26 April 2018, having lead the Board since the Company’s listing in 2007. Mr Mkwanazi presented his Chairman’s statement at the annual general meeting of the Company on Thursday, 26 April 2018. The Chairman’s statement will be available on the Company’s Investor Relations webpage under Sens http://ir.hulamin.com/, on Wednesday, 2 May 2018. The Board would like to thank Mr Mkwanazi for his valuable contribution to the Company as its Chairman over the past ten years and wishes him well in his future endeavours. Following Mr Mkwanazi’s resignation, the Board is pleased to announce that Mr TP Leeuw, who has served on the Board since 2007 as an independent non-executive director, has been elected as the Chairman of the Board with effect from 26 April 2018. Board Committee changes Following his appointment as Chairman of the Board, Mr Leeuw has resigned as chairman of the Audit Committee. The Board and shareholders resolved to appoint Mr N Maharajh as the new chairman of the Audit Committee, and to appoint Mr CA Boles and re-appoint Ms NNA Matyumza as members of the Audit Committee with effect from the 2018 annual general meeting, held on 26 April 2018. Pietermaritzburg 30 April 2018 Sponsor Questco Corporate Advisory Proprietary Limited Date: 30/04/2018 02:50:00 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.