Change to directors functions Combined Motor Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1965/000270/06) Share code: CMH ISIN: ZAE000088050 (“CMH”) or (“the Company”) Change to directors’ functions In terms of 3.59 of the JSE Listings Requirements, CMH advises that, following a meeting of the Board held on 31 May 2018, the following changes to directors’ functions have been effected: - JTM Edwards (independent, non-executive) retired as a director and as Chairman of the Board. - JS Dixon (independent, non-executive director) was appointed Chairman of the Board. He has resigned as Chairman of the Audit and Risk Assessment Committee (“Audit committee”) and been appointed a member of the Remuneration Committee (“Remco”). At the annual general meeting of CMH held on 31 May 2018, shareholders approved the appointment of ME Jones (non-executive, independent) as Chairman of the Audit committee and JA Mabena as a member of the Audit committee. The Audit committee now comprises ME Jones (non-executive, independent)(Chairman), JA Mabena(non-executive, independent) and MR Nkadimeng (non-executive, independent). The Remco of CMH now comprises LCZ Cele (non-executive, independent)(Chairman), JS Dixon (non-executive, independent) and JA Mabena (non-executive, independent). The Social, ethics and transformation committee remains unchanged and comprises LCZ Cele (non-executive, independent)(Chairman),JA Mabena (non-executive, independent), JD McIntosh (executive) and BWJ Barritt (executive). All changes are effective 31 May 2018. Durban 1 June 2018 Sponsor PricewaterhouseCoopers Corporate Finance (Pty) Ltd Date: 01/06/2018 10:02:00 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.