AFRICAN DAWN CAPITAL LIMITED - Appointment of Non-Executive Director and Chairman of the Board

2018-12-06 12:40:00

ADW 201812060036A
Appointment of Non-Executive Director and Chairman of the Board

AFRICAN DAWN CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/020520/06)
Share code: ADW
ISIN Code: ZAE000223194
('Afdawn' or 'the Company')

APPOINTMENT OF NON-EXECUTIVE DIRECTOR AND CHAIRMAN OF THE BOARD

In accordance with paragraph 3.59(a) of the JSE Limited Listings Requirements, the board
of directors of the Company ('the Board') wishes to advise that James Slabbert ('James')
has been appointed as a non-executive director of the Company and as the chairman of the
Board with effect from 6 December 2018.

James has over 30 years of experience in the banking, investments and financial services
sectors, having been involved in major business and various corporate transactions locally
and internationally.

Prior to founding Gowin Proprietary Limited, which is the holding company of Arvesco 153
Proprietary Limited, James held the following positions:

-   executive director of Group Strategy at Absa Bank Limited;
-   managing executive of Absa Corporate & Business Bank at Barclays Africa Group
    Limited;
-   founder and chief executive officer of First South Financial Services (which later became
    Macquarie First South); and
-   co-head of research for Southern Africa & emerging markets and top-rated banks,
    insurance and financial services analyst at Merrill Lynch (which later became Bank of
    America Merrill).

The Board welcomes James and looks forward to his contribution to the Company.

Johannesburg
6 December 2018

Designated Adviser
PSG Capital

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