Changes To Board And To Audit And Risk Committee Curro Holdings Limited Incorporated in the Republic of South Africa (Registration number: 1998/025801/06) JSE Share Code: COH ISIN: ZAE000156253 (“Curro” or “the Company”) CHANGES TO BOARD AND TO AUDIT AND RISK COMMITTEE In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, the board of directors of the Company (“the Board”) wishes to advise that: 1. Barend Petersen (“Barend”), an independent non-executive director, has notified the Board that he does not intend standing for re-election at the forthcoming annual general meeting of shareholders and has resigned in his capacity as director with effect from 01 May 2019. 2. Tsholofelo Molefe (“Tsholo”) has accepted an invitation to join the Board and will be appointed as an independent non-executive director with effect from 01 May 2019. 3. Hendrik Gideon Louw (“Hennie”), an executive director, has resigned in his capacity as director with effect from 01 May 2019. Barend has been on the Board since 15 April 2011 and is chairman of the Audit and Risk Committee. Barend, in his role as chairman of the Audit and Risk Committee, will oversee the finalisation of the Company’s financial year-end formalities. The Board thanks Barend for his meaningful contribution as a director and chairman of the Audit and Risk Committee and wishes him well. The Board is pleased to welcome Tsholo to the Board and looks forward to her contribution. Tsholo is a CA(SA) and is the Chief Financial Officer at Telkom SA SOC Ltd. Hennie is the Chief Investment Officer of Curro and has been on the Board since 27 February 2012. Hennie will continue his important role as Chief Investment Officer and will continue to assist the Board in its deliberations where appropriate. Zandile Nangamso Mankai (“Nan”), who is a member of the Audit and Risk Committee, will assume the chairmanship of that committee with effect from 01 May 2019. Tsholo has been appointed as a member of the Audit and Risk Committee with effect from 01 May 2019. Durbanville 19 March 2019 Sponsor PSG Capital Date: 19/03/2019 02:00:00 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.