BILB-Executive Management The Land and Agricultural Development Bank of South Africa (JSE Code: BILB) (“the Land Bank”) Executive Management The Land Bank wishes to announce that its Chief Executive Officer (CEO), Mr. TP Nchocho has advised the Board that he has been offered a position of CEO at the Industrial Development Corporation (IDC), which offer he has accepted. Mr Nchocho will therefore, after due administrative processes vacate his position as the CEO of Land Bank to take up the position of CEO at the IDC. TP has been with the Bank as CEO since February 2015. The Bank expresses its sincere appreciation for the contributions made by TP and wishes him well with his future endeavours. The market will be advised of further information as the process unfolds 6 December 2018 Debt Sponsor The Standard Bank of South Africa Limited For further information on the Notes issued please contact: Kea Sape SBSA (011) 721 5594 Date: 06/12/2018 05:10:00 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.
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