METROFILE HOLDINGS LIMITED - Changes to the board of directors

Changes to the board of directors

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

In compliance with paragraph 3.59 of the JSE Limited Listings
Requirements, Mr Mark McGowan has informed the Board of his intention to
resign from Metrofile Holdings as Group Chief Financial Officer with
effect from 31 October 2018.

As an interim measure Mr Leon Thompson will step in to the role of Group
Chief Financial Officer until a suitable replacement has been appointed,
effective from 1 November 2018. Mr Thompson has been with the Metrofile
Group, in various roles, for 16 years and is currently the General
Manager: Gauteng for the Metrofile (Pty) Limited business, which
includes responsibility for finance.

The Board, Metrofile Holdings Executive Committee and management would
like to thank Mr McGowan for his significant contribution to the
Metrofile Holdings business over the past 4 years.

Johannesburg
29 October 2018

Sponsor
The Standard Bank of South Africa Limited

Date: 29/10/2018 08:00:00 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.