Microsoft Word - BAU changes to the board final Bauba Platinum Limited Incorporated in the Republic of South Africa (Registration number 1986/004649/06) Share code: BAU ISIN: ZAE000145686 ("Bauba" or "the Company") CHANGES TO THE BOARD OF DIRECTORS - RESIGNATION AND APPOINTMENT OF DIRECTORS


In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of Bauba ("the Board") hereby notifies its shareholders of the following changes to the Board which will be effective from 30 May 2015:
− Mr Willem Moolman has resigned as Financial Director as a result of his decision to emigrate;
− Messrs Jonathan Best and Kenneth Dicks have resigned as independent non-executive directors due to personal reasons;
− Nico van der Hoven (59) has been appointed as non-executive director. He is a commerce and law graduate, director and businessman in various sectors, with over 27 years' experience in exploration and mining; and founding member of Hernic Ferrochrome , Bauba Platinum Limited (JSE) and GoldStone Resources Limited (AIM);

- Martin Luyt (53) has been appointed as lead independent non-executive director. He is a CA(SA) having completed his articles with BDO Inc. and served as partner until 2002 in which year he established LPH Chartered Accountants Inc., a small to medium sized firm. Martin brings with him a wealth of experience, having spent time working in countries such as England, Kenya, Namibia, Zambia and Guyana;

- Carl-Heinz Gernandt (33) has been appointed as Financial Director. He obtained a B.Com Internal Auditing degree in 2002 from the University of Pretoria and is a member of the Association of Certified Chartered Accountants and Certified General Accountant British Columbia. He previously held directorships, financial managerial and internal auditing positions at various listed and auditing-related companies. His experience within the mining sector includes roles as group financial manager at Jubilee Platinum PLC and Financial Director at Mine Restoration Investments Limited.

- Nick van der Hoven (29): has been appointed as executive director. He is a commerce and law graduate, an admitted attorney and businessman with recent experience in various mining related projects.

The Board thanks Willem, Jonathan and Kenneth for their invaluable contribution to the Company and wishes them well in their future endeavours, and welcomes Nico, Martin, Carl-Heinz and Nick and looks forward to their contributions to the Company.
Johannesburg
29 May 2015

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