Change to the Board of Directors Sephaku Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/003306/06) Share code: SEP ISIN: ZAE000138459 (“Sephaku Holdings” or “the Company”) CHANGE TO THE BOARD OF DIRECTORS The board of directors of the Company (the “Board”) is pleased to announce that Ms. Bukelwa Bulo was appointed as an independent non-executive director of Sephaku Holdings and a member of the Audit and Risk Committee, with effect from 26 March 2018. Ms. Bulo is a Chartered Accountant (SA), Chartered Financial Analyst and in 2011 completed a Program for Leadership Development at Harvard Business School. She has over 10 years’ experience in private equity with exposure to a wide spectrum of sectors including industrial services and retail. Ms. Bulo has expertise in investment and divestment evaluation, deal structuring, strategic and stakeholder management. She is a co-founder of Jade Capital Partnership Proprietary Limited, an investment holding company focused primarily on the property, industrial, construction and building materials sectors. Her current directorships include, among others, non-executive directorships on the boards of directors of Franki Geotechnical Proprietary Limited, Capital Appreciation Limited and Netcare Limited. The Board welcomes Ms. Bukelwa Bulo and looks forward to her contribution to the Company. Centurion 06 April 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 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 Date: 06/04/2018 11:00:00 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.