SEPHAKU HOLDINGS LIMITED - Change in Audit Firm due to Merger

Change in Audit Firm due to Merger

Sephaku Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/003306/06)
Share code: SEP
ISIN: ZAE000138459
("the Company")

CHANGE IN AUDIT FIRM DUE TO MERGER

Shareholders are advised that the Company has been informed by its audit firm, Grant Thornton
Johannesburg Partnership (“Grant Thornton”), that there has been a change in its network firm
membership from Grant Thornton to BDO South Africa Inc (“BDO”). The change was initiated,
following the merger of Grant Thornton and BDO on 1 December 2018.

Accordingly, the Company’s auditors are now BDO and the designated audit partner, Rudi
Huiskamp, will remain unchanged.

The Company’s Audit and Risk Committee will in due course follow the process detailed in
paragraph 3.84(g)(iii) of the JSE Listings Requirements, as the Company is deemed to be
appointing BDO for the first time. This process will be completed before the audit firm signs its
next audit report.

Centurion
3 December 2018
__________________________________________________________________________________________________________________
Enquiries contact: Sakhile Ndlovu            Sephaku Holdings           Investor Relations         012 612 0210
Sponsor to Sephaku Holdings: Questco Corporate Advisory (Pty) Ltd
About Sephaku Holdings Limited

Sephaku Holdings Limited (“SepHold”) is a building and construction materials company with a portfolio of investments in the
cement sector in South Africa. The company’s core investments are a 36% stake in Dangote Cement South Africa (Pty) Ltd
(Sephaku Cement) and 100% in Métier Mixed Concrete (Pty) Ltd. The strategy of SepHold is to generate growth and realise value
for shareholders through the production of cement and ready mixed concrete in Southern Africa.

www.sephakuholdings.com

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