Liberty Two Degrees are advised that Mr. Angus Band has been appointed as an independent non- executive director and chairman of the board of the Manager, effective July 26, 2017. He has also been appointed to all sub-committees of the board. Mr. Band brings many years of business experience to the board. In addition, unit holders are further advised that the Manager has appointed Ms. Lynette Ntuli as a director of the board, also effective 26 July 2017. Ms. Ntuli is a property, asset management and infrastructure solutions specialist. The Manager of Liberty Two Degrees welcomes the appointment of the independent non-executive directors to its board and confirms that the relevant regulatory approval has been received.