Change to the board of directors New Frontier Properties Ltd (Incorporated in the Republic of Mauritius on 5 June 2014) (Registration number 123368C1/GBL) SEM share code: NFP.N000 JSE share code: NFP ISIN: MU0453N00004 ("New Frontier" or the "Company") CHANGE TO THE BOARD OF DIRECTORS Shareholders are advised that Mr Rob Becker has been appointed as a non-executive director of the Company with effect from 28 November 2018. Mr Becker is chartered accountant and holds an MBA in corporate strategy from Brunel University in the United Kingdom. He has held several executive board positions at large, listed multinationals such as the chief financial officer at Sun International Limited, Nampak Limited and Robertsons Holdings Proprietary. He currently is the chief investment officer and executive director of Rebosis Property Fund Limited. The board of directors welcomes Mr Becker to the Company and looks forward to his contribution. New Frontier holds primary listings on the Stock Exchange of Mauritius Ltd ("SEM") and the Alternative Exchange of the Johannesburg Stock Exchange ("JSE"). By order of the Board 29 November 2018 This notice is issued pursuant to SEM Listing Rule 11.3. The Board of New Frontier Properties Ltd accepts full responsibility for the accuracy of the information in this notice For further information please contact: JSE sponsor Java Capital +27 11 722 3050 Company secretary Osiris Corporate Solutions (Mauritius) Ltd +230 650 4030 Date: 29/11/2018 02:30:00 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.