ELLIES HOLDINGS LIMITED - Changes to the board of directors

Changes to the board of directors

ELLIES HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2007/007084/06)
JSE share code: ELI ISIN: ZAE000103081
("Ellies" or "the company")

CHANGES TO THE BOARD OF DIRECTORS

Shareholders are referred to the announcements released on SENS on 11 December 2018 and 19 December 2018 regarding,
inter alia, the re-election of Fikile Mkhize and re-appointment of Reshoketswe Ralebepa and Ian Russell as directors 
of Ellies.

Shareholders are advised that Fikile Mkhise and Ian Russel have resigned as directors of Ellies with effect from 
18 January 2019.

The shareholders who instituted proceedings in the Commercial Court in respect of the re-election of Fikile Mkhize and
reappointment of Reshoketswe Ralebepa and Ian Russell as directors of Ellies have undertaken that these proceedings 
will be withdrawn forthwith.

The remaining two directors of Ellies are actively engaged in the process of seeking new directors to be appointed 
to the Ellies board and will inform the market as and when new appointments are made.

18 January 2019

Sponsor

Java Capital

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