Letshego Holdings Limited appoints Enos Banda to chair Group Board

The Board of Directors and management are pleased to announce the appointment of Enos Banda to chair the Letshego Holdings Limited Board effective 1 November 2016.

Mr. Banda is an investment banker by background with an excellent track-record for leading successful African teams on the global stage. A South African-born entrepreneur, Enos founded Gauteng-based fund, Freetel Fund Management, and has practiced law in both South Africa and the USA. During his career he has advised governments as well as domestic and international private entities on transactions related to energy, telecommunications, and water-and-logistics infrastructure. Additionally, he has served as the regional head of investment and corporate banking for the African operations of Credit Suisse and HSBC.

Enos has extensive board and governance experience in both the public and private sector. He has served in national regulatory and government agencies, including the South African (SA) National Electricity Regulatory, the Municipal Infrastructure Investment Unit of the SA Government. He is the former Chairman of Gold Reef Resorts Ltd (merged with Tsogo Sun) and former Chairman of Budget and Audit Committees of Norilsk Nickel MMC, the LSE listed resources company. Currently he serves as a Co-Chairman at South African Chamber of Commerce in America. His professional and corporate experience covers Asia, Africa, Europe and North America with specialisation in global investment banking and international treaty law.

As part of its commitment to upholding strong corporate governance, Letshego continues to invest a significant amount of time and resources to bring its board, committees and governance structures in line with world best practice. The Group provides effective leadership in order to strengthen its corporate governance and to ensure that it is a responsible corporate citizen. The Board of Directors and management are pleased to welcome Enos to the Letshego Holdings Limited Group Board.

About Letshego Holdings Limited

Letshego Holdings Limited (“Letshego”) was incorporated in 1998, is headquartered in and has been publicly listed on the Stock Exchange since 2002. Today it is one of Botswana’s largest indigenous groups, with a market capitalisation in excess of USD500 million and an agenda focused on inclusive finance. Through its ten country presence across Southern, East and West Africa (Botswana, , , , , Nigeria, , Swaziland, and ), its subsidiaries provide consumer lending, micro finance and deposit-taking solutions.

Letshego is a pan African financial services provider and is committed to skills development – the Group employs over 3,000 team members, representing more than 20 nationalities. It services a customer base of over 300,000 borrowers and 140,000 depositors through its 280+ customer access points.

For further information contact:

Mythri Sambasivan-George, Group Head of Corporate Affairs: [email protected] Colm Patterson, Chief Financial Officer: [email protected] Boikanyo Kgosidintsi, Head of Investor Relations: [email protected] Tel: +267 3643300 or www.letshego.com