Change to the board SASFIN HOLDINGS LIMITED (Incorporated In the Republic Of South Africa) (Registration Number 1987/002097/06) Ordinary share code: SFN ISIN: ZAE000006565 Preference share code: SFNP ISIN: ZAE000060273 (“Sasfin” or “the Company”) CHANGE TO THE BOARD In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised of a change to the Sasfin board of directors (“Board”) as set out below. Appointment of a Group Financial Director Angela Pillay has been appointed as Group Financial Director with effect from 1 March 2018 and will also be a director of various Sasfin subsidiaries including Sasfin Bank Limited. Angela is the outgoing Chief Financial Officer (CFO) of Liberty Financial Services (LibFin). She has 15 years of banking experience in designing, leading and implementing a broad range of initiatives to support business strategy. Prior to joining Liberty, Angela was employed at Barclays and First National Bank respectively. She is a qualified CA (SA) with a Master’s Degree in Financial Services and has completed an Executive Leadership Course. The Board welcomes Angela and looks forward to the knowledge and experience she will contribute. Johannesburg 27 December 2017 Lead Sponsor to Sasfin Sasfin Capital (a member of the Sasfin group) Independent Sponsor to Sasfin Deloitte & Touche Sponsor Services (Pty) Ltd Date: 27/12/2017 10:35:00 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.