Leadership Changes MMI Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2000/031756/06) JSE share code: MMI NSX share code: MIM (“MMI Holdings” or “the Company”) MMI GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration No. 1904/002186/06) Company code: MMIG (“MMI Group”) LEADERSHIP CHANGES Shareholders of MMI Holdings and noteholders of MMI Group are advised that Thinus Alsworth-Elvey, Chief Executive of Momentum Corporate, has tendered his resignation effective 31 March 2019. The process to appoint a successor will commence immediately. Shareholders and noteholders are furthermore referred to the Company announcement released on the Stock Exchange News Service on 28 September 2018, wherein they were advised that the MMI Holdings Board had appointed Mr Leon Basson as the acting Group Company Secretary with effect from 1 October 2018. After due consideration, the MMI Holdings Board has decided to appoint CorpStat Governance Services (Pty) Ltd as Interim Group Company Secretary, effective 1 March 2019. Mr Basson will relinquish his role as the Acting Group Company Secretary on that date, to resume his other duties in the Company. The search for a permanent Group Company Secretary will continue and shareholders will be informed once an appointment has been made. Centurion 13 February 2019 Sponsor in South Africa Merrill Lynch South Africa (Pty) Limited Sponsor in Namibia Simonis Storm Securities (Pty) Limited Date: 13/02/2019 08:00:00 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.