Changes to the board of directors Barloworld Limited (Incorporated in the Republic of South Africa) (Registration number 1918/000095/06) (Income Tax Registration number 9000/051/71/5) (Share code: BAW) (JSE ISIN: ZAE000026639) (Share code: BAWP) (JSE ISIN: ZAE000026647) (Namibian Stock Exchange share code: BWL) ("Barloworld” or “the Company") CHANGES TO THE BOARD OF DIRECTORS In terms of paragraph 3.59 (b) of the Listing Requirements of the JSE Limited, Barloworld shareholders are advised that Advocate Dumisa Ntsebeza SC will retire as a director and independent chairman of the board of directors of Barloworld (the "Board") immediately after the next Annual General Meeting ("AGM") to be held on 12 February 2020. Advocate Ntsebeza was appointed to the Board in May 1999 and was appointed as chairman of the Board in June 2007. The Board wishes to extend their gratitude to Advocate Ntsebeza SC for his valuable and outstanding contribution over the years. His wisdom and counsel will be sorely missed as the Company embarks on the next phase of its journey. Further to this, the Board is pleased to announce that Mrs Neo Dongwana, who joined the Board in May 2012, will succeed Advocate Ntsebeza SC as the Chairman of the Board with effect from 13 February 2020. At present Mrs Dongwana chairs the remuneration committee and is a member of the audit committee, nominations committee and the risk & sustainability committee. Sandton 30 September 2019 Sponsor: Nedbank Corporate and Investment Banking Date: 30/09/2019 09:14:00 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.