Change in director’s responsibilities Sephaku Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/003306/06) Share code: SEP ISIN: ZAE000138459 (“SepHold” or “the Company”) Change in director’s responsibilities Shareholders are referred to the announcement released on SENS on 25 July 2019 whereby shareholders were advised that Dr. Lelau Mohuba will step down as Chief Executive Officer (“CEO”) with effect from 31 December 2019. In terms of paragraph 3.59(c) of the JSE Listings Requirements (“Listings Requirements”), SepHold hereby further announces that Mr Neil Crafford-Lazarus will assume the role of both CEO and Executive Financial Director (“FD”) with effect from 1 January 2020. The Listings Requirements of the JSE require that issuers appoint a CEO and a full time FD. The JSE has however granted SepHold a dispensation to allow Mr Crafford-Lazarus to assume the role of both CEO and FD until 30 June 2020, whereafter the JSE must be consulted should an extension be required. Centurion 6 September 2019 ____________________________________________________________________________ Enquiries contact: Sakhile Ndlovu Sephaku Holdings Investor Relations 012 612 0210 Sponsor to Sephaku Holdings: Questco (Pty) Ltd About Sephaku Holdings Limited Sephaku Holdings Limited (“SepHold”) is a building and construction materials company with a portfolio of investments in the cement sector in South Africa. The strategy of SepHold is to generate growth and realise value for shareholders through the production of cement and ready mixed concrete in Southern Africa. The company’s core investments are a 36% stake in Dangote Cement South Africa (Pty) Ltd (formerly Sephaku Cement (Pty) Ltd) and 100% in Métier Mixed Concrete (Pty) Ltd. Date: 06/09/2019 12:01:00 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.