Appointment of chief financial officer: Mr BP Bydawell Alexander Forbes Group Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2006/025226/06) ISIN: ZAE000191516 Share Code: AFH ("the Company" or "Alexander Forbes") APPOINTMENT OF CHIEF FINANCIAL OFFICER: MR BP BYDAWELL The Alexander Forbes Board is pleased to announce, in compliance with paragraph 3.59 of the JSE Limited Listings Requirements, that Mr BP (Bruce) Bydawell has been appointed as Chief Financial Officer (CFO) and a director of the Company with effect from 1 April 2019. Mr Bydawell, a CA(SA) and CFA, has over 25 years' experience in finance, audit, accounting, taxation, financial reporting, debt structuring and corporate finance, of which more than 16 years has been with the Company. Mr Bydawell completed his articles with Deloitte (South Africa) in Johannesburg and subsequently spent three years with Deloitte (United States) in numerous audit roles. He has also spent a number of years in corporates such as Presmed Healthcare and Deutsche Bank. The Board welcomes Bruce in his new role and looks forward to his continued contribution to Alexander Forbes. Carina Wessels Group General Counsel and Company Secretary 19 March 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 19/03/2019 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.