COMBINED MOTOR HOLDINGS LIMITED - Change to directors functions

Change to directors functions

Combined Motor Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1965/000270/06)
Share code: CMH     ISIN: ZAE000088050
(“CMH”) or (“the Company”)

Change to directors’ functions

In terms of 3.59 of the JSE Listings Requirements, CMH advises that,
following a meeting of the Board held on 31 May 2018, the following
changes to directors’ functions have been effected:

   - JTM Edwards (independent, non-executive) retired as a director
     and as Chairman of the Board.
   - JS Dixon (independent, non-executive director) was appointed
     Chairman of the Board. He has resigned as Chairman of the Audit
     and Risk Assessment Committee (“Audit committee”) and been
     appointed a member of the Remuneration Committee (“Remco”).

At the annual general meeting of CMH held on 31 May 2018, shareholders
approved the appointment of ME Jones (non-executive, independent) as
Chairman of the Audit committee and JA Mabena as a member of the Audit
committee. The Audit committee now comprises ME Jones (non-executive,
independent)(Chairman), JA Mabena(non-executive, independent) and MR
Nkadimeng (non-executive, independent).

The   Remco  of   CMH  now   comprises   LCZ  Cele   (non-executive,
independent)(Chairman), JS Dixon (non-executive, independent) and JA
Mabena (non-executive, independent).

The Social, ethics and transformation committee remains unchanged and
comprises LCZ Cele (non-executive, independent)(Chairman),JA Mabena
(non-executive, independent), JD McIntosh (executive) and BWJ Barritt
(executive).

All changes are effective 31 May 2018.

Durban
1 June 2018

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

Date: 01/06/2018 10:02:00 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.