METAIR INVESTMENTS LIMITED - Results of annual general meeting

Results of annual general meeting

Metair Investments Limited
(Incorporated in the Republic of South Africa)
Registration number: 1948/031013/06
JSE share code: MTA
ISIN: ZAE000090692
(“Metair” or the “Company”)


RESULTS OF ANNUAL GENERAL MEETING

Metair shareholders (“Shareholders”) are advised that at the annual general meeting
(“AGM”) of Shareholders held on Wednesday, 6 May 2015, all the ordinary and special
resolutions, as set out in the notice of AGM dated 25 March 2015, were approved by the
requisite majority of Shareholders present or represented by proxy.

The total number of Metair shares eligible to vote at the AGM is 198 985 886. The number of
shares voted in person or by proxy was 160 630 462 representing 80.72% of the total issued
share capital of the same class of Metair.

All resolutions proposed at the AGM, together with the percentage of shares abstained, as
well as the percentage of votes carried for and against each resolution, are as follows:

Ordinary resolution number 1: Re-election of Mr OME Pooe as a director

Shares Voted           Abstained               For                      Against

160 626 662            0.002%                  98.20%                   1.80%
 (80.72%)


Ordinary resolution number 2: Re-election of Mr RS Broadley as a director

Shares Voted           Abstained               For                      Against

160 626 662            0.002%                  98.20%                   1.80%
(80.72%)


Ordinary resolution number 3: Re-election of Mr L Soanes as a director

Shares Voted           Abstained               For                      Against

160 626 662            0.002%                  98.22%                   1.78%
(80.72%)


Ordinary resolution number 4: Re-election of Mr S Douwenga as a director

Shares Voted           Abstained               For                      Against

160 626 662            0.002%                  100.00%                  0.00%
(80.72%)

Ordinary resolution number 5: Re-appointment of auditors

Shares Voted          Abstained             For                  Against

160 626 662           0.002%                99.99%               0.001%
(80.72%)


Ordinary resolution number 6: Re-election of Audit and Risk Committee members (the
“Committee”) members

Ordinary resolution number 6.1: Mr JG Best as chairman of the Committee

Shares Voted          Abstained             For                  Against

160 626 662           0.002%                100.00%              0.00%
(80.72%)


Ordinary resolution number 6.2: Mr L Soanes as a member of the Committee

Shares Voted          Abstained             For                  Against

160 626 662           0.002%                98.20%               1.80%
(80.72%)


Ordinary resolution number 6.3: Mr DR Wilson as a member of the Committee

Shares Voted          Abstained             For                  Against

160 626 662           0.002%                94.94%               5.06%
(80.72%)


Ordinary resolution number 7: Placing of unissued shares under the control of the
directors

Shares Voted          Abstained             For                  Against

160 626 662           0.002%                78.70%               21.30%
(80.72%)


Ordinary resolution number 8: Approval of remuneration policy

Shares Voted          Abstained             For                  Against

160 626 662           0.002%                66.14%               33.86%
(80.72%)

Special resolution number 1: Approval of non-executive directors’ remuneration

Shares Voted            Abstained               For                     Against

160 626 662             0.002%                  100.00%                 0.00%
(80.72%)


Special resolution number 2: Provision of financial assistance

Shares Voted            Abstained               For                     Against

160 626 662             0.002%                  98.22%                  1.78%
(80.72%)


Special resolution number 3*: General authority to repurchase the Company’s securities

Shares Voted            Abstained               For                     Against

160 425 152             0.103%                  96.88%                  3.12%
(80.62%)
*As amended in terms of the announcement released on SENS on 17 April 2015.

Notes
   - Percentages of shares voted are calculated in relation to the total issued share
     capital of Metair eligible to vote.
   - Percentage of shares for and against are calculated in relation to the total number of
     shares voted at the AGM.
   - Abstentions are calculated as a percentage in relation to the total issued share
     capital of Metair eligible to vote.


Johannesburg
6 May 2015

Sponsor
One Capital

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