Appointment and Net Dividend Payment

Barloworld Limited

(Incorporated in the Republic of South Africa)

(Registration number 1918/000095/06)

(Income Tax Registration number 9000/051/71/5)

(Share code: BAW)

(JSE ISIN: ZAE000026639)

(Share code: BAWP)

(JSE ISIN: ZAE000026647)

(Namibian Stock Exchange share code: BWL)

("Barloworld" or "the Company")

APPOINTMENT OF NON-EXECUTIVE DIRECTORS

NET DIVIDEND PAYMENT

Changes to the Barloworld board

Shareholders are hereby advised that Ms Neo Mokhesi and Hugh Molotsi have been appointed as independent non-executive directors of the Board of Barloworld Limited with effect from 1 February 2019.

Ms Neo Mokhesi has a B.Com degree from the National University of Lesotho, Management Advanced Programme from Wits Business School and Advanced Management Programme from Insead, France. She has over 25 years' experience in marketing, corporate affairs, business development finance, strategy and corporate governance. Neo held a number of positions at the Industrial Development Corporation including being the executive responsible for Market Development into Rest of Africa, and executive and chairman of the Innovation department unit.

She currently serves on the boards of Clover Industries, WDB Investment Holdings, Tsebo Solution Group and Mozal.

Mr Hugh Molotsi has a B.Sc. in Computer Engineering Technology from the University of Southern Mississippi and M.Sc. in Computer Engineering from Santa Clara University in the United States ("US"). Hugh's early career started at Hewlett-Packard in the US, as a software engineer. Until 2015, Hugh enjoyed a 22 years career with Intuit, a financial software and services firm based in the US where he later became an Engineering Fellow and Vice President leading the Intuit Labs Incubator.

Hugh is the CEO and founder of Ujama, a platform to help parents meet other parents so they can help each other with their kids. Hugh serves on numerous boards in the US, including Miller Centre for Social Entrepreneurship, Africa Diaspora Network, Linqto and All Star Code.

Net dividend payment amount

Shareholders are referred to the audited preliminary results for the year ended 30 September 2018 released on SENS today.

The Company wishes to advise that the net dividend amount per ordinary share is 253.6 cents per ordinary share (previously rounded and disclosed as 254 cents).

Sandton

19 November 2018

Sponsor: Nedbank Corporate and Investment Banking