Non-Executive Directors of the Land Bank Board The Land and Agricultural Development Bank of South Africa (JSE Code: BILB) (“the Land Bank”) Non-Executive Directors (NEDS) of the Land Bank Board The Land Bank wishes to announce that Ms. Gugu Mtetwa has tendered her resignation from the Board of Directors with effect 31 August 2019. The Land Bank Board is in the process of appointing a replacement Chairperson of the Audit and Finance Committee. The Bank wishes to thank Gugu for her services as Non-Executive Director of the Land Bank, and in particular her services as Chairperson of the Audit and Finance Committee. 14 August 2019 Enquiries Land and Agricultural Development Bank of South Africa K Gugushe, Acting Chief Executive Officer Y Ramrup, Acting Chief Financial Officer Rebecca Phalatse – Tel: 012 686 0921 Debt Sponsor The Standard Bank of South Africa Limited Date: 14/08/2019 10:10:00 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.