Resignation of executive director JASCO ELECTRONICS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration Number: 1987/003293/06) Share Code: JSC ISIN: ZAE000003794 ("Jasco" or “the group”) Resignation of executive director In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders are hereby advised that Mrs Samantha Samuels has resigned as an executive director of Jasco with effect from 15 July 2019. The board of directors are pleased to announce that Mrs Samuels will enter into a Supplier Development contract with the group, which will retain her experience and expertise to continue with assisting the execution of the group’s B-BBEE and diversity strategy. Change in status of non-executive director In compliance with paragraph 3.59c of the Listings Requirements of the JSE Limited, shareholders are hereby advised that Mr AMF (Pete) da Silva has changed his status as a non-executive director of Jasco and will act as an alternate director to Mr JM Madungandaba with effect from 15 July 2019. Midrand 15 July 2019 Sponsor: Grindrod Bank Limited Date: 15/07/2019 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.