JSE Limited proposed memorandum of incorporation with a new memorandum of incorporation. The proposed new MOI to be adopted at its annual general meeting to be held on April 25, 2013. The new MOI incorporates changes necessitated by the coming into force of the Companies Act and the Companies Regulations, 2011 promulgated in terms of the Companies Act, 2008 (Act No.71 of 2008) which replaced the previous Companies Act, 1973 (Act No. 61 of 1973). The company's existing MOI remains in force and effect for a period of two years from May 1, 2011, being the date on which the Companies Act came into effect. Thereafter, if the company has not adopted a new MOI that has been harmonized with the Companies Act, any provision of the existing MOI which contravenes or is inconsistent with the Companies Act shall be void. Accordingly, before April 30, 2013, the company is required to adopt a new MOI that conforms to the Companies Act. The new MOI is also drafted to comply with the JSE listings requirements. Where provisions were not required to be amended for purposes of the Companies Act or the JSE Listings Requirements, the provisions of the existing MOI have been retained as far as reasonably possible.

The Board of Directors of JSE Limited appointed Mr. Andrew Thompson as the Chairman of the Audit Committee. The appointment of Mr. Thompson to this position follows the resignation of Mr. Eric Diack as an independent non-executive director of the Company, Chairman of the Company’s Audit Committee and as member of the Company’s Risk and Sustainability Committee with effect from March 22, 2013.

Eighth annual general meeting of shareholders