SEPHAKU HOLDINGS LIMITED - Results of annual general meeting

Results of annual general meeting

Sephaku Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/003306/06)
Share code: SEP
ISIN: ZAE000138459
(“SepHold” or “the Company”)


Results of the annual general meeting

Shareholders are advised that the voting results for the annual general meeting (“AGM”) of SepHold,
held today, 21 September 2015, at the Centurion Lake Hotel, 1001 Lenchen Avenue North,
Centurion, were as follows:

    -   in respect of all ordinary resolutions, 92 938 753 shares (being 46.19%* of the total shares in
        issue) were voted either in person of by proxy and shareholders holding 0.002%* of the total
        issued shares abstained from voting;

    -   in respect of all special resolutions 91 815 780 shares (being 45.63%* of the total shares in
        issue) were voted either in person or by proxy and shareholders holding 0.56%* of the total
        issued shares abstained from voting; and

    -   all resolutions were passed by the requisite majority of shareholders. Further information on
        the voting results is contained in the table below:


Resolution proposed                                                            For**         Against**
                                                                                %                %


Ordinary resolutions:


Ordinary resolution number 1: Adoption of the annual financial                 100.00%             -
statements.


Ordinary resolution number 2: Re-election of Mr. PM Makwana as a               100.00%             -
director of the Company.


Ordinary resolution number 3: Re-appointment of external auditor.              100.00%


Ordinary resolution number 4.1: Election of Mr. B Williams to the audit         98.31%           1.69%
and risk committee.


Ordinary resolution number 4.2: Election of Mr. PM Makwana to the               100.00%             -
audit and risk committee.


Ordinary resolution number 4.3: Election of Mr. MG Mahlare as a                 100.00%             -
member and chairman of the audit and risk committee.


Ordinary resolution number 5: General authority to directors to allot and       91.30%            8.70%
issue authorised but unissued ordinary shares.


Ordinary resolution number 6: General authority to issue shares for             91.30%            8.70%
cash.


Ordinary resolution number 7: Non-binding endorsement of SepHold’s              98.31%            1.69%
remuneration policy.


Ordinary resolution number 8: Signing authority.                                100.00%              -


Special resolutions:


Special resolution number 1: General authority to acquire/(repurchase)          100.00%              -
issued shares.


Special resolution number 2: Approval of the remuneration payable to            100.00%              -
independent non-executive directors and non-executive directors
participating in board committees.


Special resolution number 3: Financial assistance for any beneficiary           100.00%              -
participating in any SepHold group share incentive scheme.


Special resolution number 4: Financial assistance for present or future         100.00%              -
subsidiaries.

*Based on 201 224 508 shares in issue at the date of the AGM.
**In relation to the total number of shares voted at the AGM.



Authorised by
Chief executive officer
Dr. Lelau Mohuba

21 September 2015
_________________________________________________________________________________
Enquiries contact: Sakhile Ndlovu Sephaku Holdings Investor Relations 012 612 0213

Sponsor to SepHold: Questco (Pty) Ltd


About Sephaku Holdings Limited

Sephaku Holdings is a building and construction materials company with a portfolio of investments in the cement
sector in South Africa. The company’s core investments are a 36% stake in Sephaku Cement (Pty) Ltd and 100%
in Métier Mixed Concrete (Pty) Ltd. The strategy of Sephaku Holdings is to generate growth and realise value for
shareholders through the production of cement and ready mixed concrete in Southern Africa.

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