Appointment of Mr. Feng Tao as the new Financial Director and Executive Director of Wesizwe Platinum Limited

3rd July 2017

In accordance with paragraph 3.59(b) of the Listings Requirements of the JSE Limited shareholders are hereby informed that the Wesizwe Platinum Board has appointed Mr. Feng Tao as Financial Director and Executive Director of the company with effect from 01 July 2017.

Mr. Feng Tao will fill the vacancy that was left open by the resignation of Mr. Wenliang Ma in September 2016.  He holds an MBA from Schulich School of Business, York University, Toronto USA and a Bachelor of Law degree from Jilin University, Changchun, China.

He has over 15 years progressive experience as Financial Director/CFO and Board member in various companies including listed company in Shenzhen Stock Exchange, specializing in resources and Auto industries. Working in Africa for over four years already. An expert in project finance, portfolio management and legal affairs. He is experienced in fiscal financial planning and budgeting process with superior analytical aptitude for cost saving and management control of companies. The company would like to welcome Mr. Tao and wish him all the best in his new role.