ALEXANDER FORBES GROUP HOLDINGS LIMITED - Termination of chief executive officer

Termination of chief executive officer

Alexander Forbes Group Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/025226/06)
ISIN: ZAE000191516
Share Code: AFH
(“the Company” or “Alexander Forbes”)

TERMINATION OF GROUP CHIEF EXECUTIVE

In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are
advised that the Board has, resulting from a loss of confidence and trust, terminated the services of
Mr AA Darfoor as Group Chief Executive and Director of the Company with immediate effect.

The Board is prioritising the search for a new Group Chief Executive and is confident that an
appointment will be made imminently.

Ms M Ramplin, an Independent Non-Executive Director of the Company will be the Interim Group
Chief Executive.


Carina Wessels
Group General Counsel and Company Secretary

25 September 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)


Please direct all enquiries to:
Carina Wessels
Telephone: 084 701 6212
Email: wesselsc@aforbes.com

Date: 25/09/2018 08:50:00 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.