Update from Transport Minister Airports Company South Africa SOC Limited (Incorporated in the Republic of South Africa) (Registration number 1993/004149/30) AIR01 ZAG000038084 AIR02 ZAG000052838 AIR04 ZAG000116369 AIR05 ZAG000116351 AIRL01 ZAG000052846 (“ACSA”) or (“the Company”) Minister of Transport Statement on recent developments at ACSA We refer to the SENS announcement released on 24 April 2018 relating to the issuer’s board changes. The Minister of Transport, Dr Blade Nzimande, on 30 May 2018, issued a media statement confirming that he is giving full attention to restoring good corporate governance and financial prudence at ACSA. The Minister has emphasised that he is dedicated to stabilising ACSA by ensuring that all the vacant positions at Board level are duly occupied, which will then lead to the appointment of a new Chief Executive Officer appointed by the new board. The minister has further stated that while this process to appoint a new board is underway, Mr. Bongani Maseko being the current CEO, will have his contract extended for a period not exceeding six (6) months, in order to ensure that there is no vacuum of leadership, especially at the senior management level. For the full media statement issued by the Minister, please refer to the following link: http://www.airports.co.za/news Johannesburg 31 May 2018 Kea.Sape@standardbank.co.za Debt Sponsor The Standard Bank of South Africa Limited Date: 31/05/2018 05:32:00 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.