DIPULA INCOME FUND LIMITED - Results of annual general meeting

Results of annual general meeting

DIPULA INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/013963/06)
JSE share code: DIA   ISIN: ZAE000158317
JSE share code: DIB   ISIN: ZAE000158325
(Approved as a REIT by the JSE)
(“Dipula” or “the company”)


RESULTS OF ANNUAL GENERAL MEETING


Linked unitholders are advised that at the annual general meeting of linked unitholders held on Monday, 23 February 2015 (in terms
of the notice of annual general meeting dispatched to linked unitholders on 23 December 2014), all of the resolutions tabled thereat
were passed by the requisite majority of Dipula linked unitholders.

Details of the results of voting at the annual general meeting are as follows:

-      total number of Dipula linked units that could have been voted at the annual general meeting: 386 024 166
-      total number of Dipula linked units that were present/represented at the annual general meeting: 345 784 411 being 89.58% of
       the total number of Dipula linked units that could have been voted at the annual general meeting.

Special Resolution No 1: General authority for the company to grant financial assistance to related or inter-related companies

    Linked units voted *          For                                   Against                         Abstentions

    345 784 411                   307 530 907 being 88.94%              38 253 504 being 11.06%         -


Special Resolution No 2: Linked units repurchase

    Linked units voted *          For                                   Against                         Abstentions

    345 784 411                   304 725 891 being 88.13%              41 058 520 being 11.87%         -


Ordinary Resolution No. 1: Re-appointment of SA Holliday as a director

    Linked units voted *          For                                   Against                         Abstentions

    345 784 411                   307 530 907 being 88.94%              38 253 504 being 11.06%         -


Ordinary Resolution No. 2: Re-election of BH Azizollahoff as director

    Linked units voted *          For                                   Against                         Abstentions

    345 784 411                   307 530 907 being 88.94%              38 253 504 being 11.06%         -


Ordinary Resolution No. 3: Re-election of NS Gumede as director

    Linked units voted *          For                                   Against                         Abstentions

    345 784 411                   307 530 907 being 88.94%              38 253 504 being 11.06%         -


Ordinary Resolution No. 4.1: Re-election of Y Waja as a member of the Audit and Risk Committee

    Linked units voted *          For                                   Against                         Abstentions

    345 784 411                   307 530 907 being 88.94%              38 253 504 being 11.06%         -


Ordinary Resolution No. 4.2: Re-election of BH Azizollahoff as a member of the Audit and Risk Committee

    Linked units voted *          For                                   Against                         Abstentions

    345 784 411                   307 530 907 being 88.94%              38 253 504 being 11.06%         -
                                                                                                                      

Ordinary Resolution No. 4.3: Re-election of E Links as a member of the Audit and Risk Committee

 Linked units voted *            For                                   Against                           Abstentions

 345 784 411                     305 665 166 being 88.40%              40 119 245 being 11.60%           -


Ordinary Resolution No. 5: Re-appointment of Grant Thornton as auditors of the company

 Linked units voted *            For                                   Against                           Abstentions

 345 784 411                     307 530 907 being 88.94%              38 253 504 being 11.06%           -


Ordinary Resolution No. 6: Authority to place unissued linked units under the control of the directors

 Linked units voted *            For                                   Against                           Abstentions

 345 784 411                     283 827 573 being 82.08%              61 956 838 being 17.92%           -


Ordinary Resolution No. 7: Specific authority to issue linked units pursuant to a reinvestment option

 Linked units voted *            For                                   Against                           Abstentions

 345 784 411                     307 530 907 being 88.94%              38 253 504 being 11.06%           -


Ordinary Resolution No. 8: To authorise the signature of documentation

 Linked units voted *            For                                   Against                           Abstentions

 345 784 411                     307 530 907 being 88.94%              38 253 504 being 11.06%           -

* linked units excluding abstentions.

23 February 2015


Sponsor
Java Capital
Date: 23/02/2015 03:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.