GREEN FLASH PROPERTIES LIMITED - Results of annual general meeting

Results of annual general meeting

GREEN FLASH PROPERTIES LTD
(Trading in the new name of Greenbay Properties Ltd on the JSE                   
commences on 4 April 2016)                                                       
(Incorporated in the Republic of Mauritius on 14 August 2014)
(Registration number C124756 C1/GBL)
SEM share code: GFP.N0000
JSE share code: GRP
ISIN: MU0461N00007
(“the Company”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that at the annual general meeting of shareholders held on Thursday, 31 March 2015 (in
terms of the notice of annual general meeting sent to shareholders on 14 March 2016), all of the resolutions tabled
thereat were passed by the requisite majority of shareholders.

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

-   total number of shares that could have been voted at the annual general meeting: 25 000 000
-   total number of shares that were present/represented at the annual general meeting: 24 572 154 being 98.29% of
    total number of shares that could have been voted at the annual general meeting

Ordinary Resolution 1: To receive and adopt the audited company and group financial statements for the year ended
30 September 2015

Shares voted                   For                            Against                      Abstentions
24 572 154 shares              24 572 154, being 100%         -                            -

Ordinary Resolution 2.1 : Re-election of Mr. Jose Jorge Goncalves da Costa as a director

Shares voted                   For                            Against                      Abstentions
24 572 154 shares              24 572 154, being 100%         -                            -

Ordinary Resolution 2.2: Re-election of Mr. Stephen Eugene Delport as a director

Shares voted                   For                            Against                      Abstentions^
24 572 154 shares              24 572 154, being 100%         -                            -

Ordinary Resolution 2.3: Re-election of Mr. Teddy Lo Seen Chong as a director

Shares voted                   For                            Against                      Abstentions
24 572 154 shares              24 572 154, being 100%         -                            -

Ordinary Resolution 2.4: Re-election of Mrs. Marie Sarah-Jane Karene Figaro as a director

Shares voted                   For                            Against                      Abstentions
24 572 154 shares              24 572 154, being 100%         -                            -

Ordinary Resolution 2.5: Re-election of Ronnie Porter as a director

Shares voted                   For                            Against                      Abstentions
24 572 154 shares              24 572 154, being 100%         -                            -
Ordinary Resolution 2.6: Re-election of Paul Simon May as a director

Shares voted                  For                           Against                     Abstentions
24 572 154 shares             24 572 154, being 100%        -                           -

Ordinary Resolution 3: Appointment of auditor

Shares voted                  For                           Against                     Abstentions
24 572 154 shares             24 572 154, being 100%        -                           -

Ordinary Resolution 4: Authorising directors to determine auditor’s remuneration

Shares voted                  For                           Against                     Abstentions
24 572 154 shares             24 572 154, being 100%        -                           -

Ordinary Resolution 5: Approval of independent non-executive directors’ fees

Shares voted                  For                           Against                     Abstentions
24 572 154 shares             24 572 154, being 100%        -                           -

Ordinary Resolution 6: Authority for directors or company secretary to implement resolutions

Shares voted                  For                           Against                     Abstentions
24 572 154 shares             24 572 154, being 100%        -                           -

Ordinary Resolution 7: General authority to issue shares for cash

Shares voted24 572 154       For                             Against                     Abstentions
shares                       24 572 154, being 100%          -                           -

By order of the Board


31 March 2016

This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of
Reporting Issuers) Rules 2007. The Board accepts full responsibility for the accuracy of the information in this
announcement.

The Company has a primary listing on the SEM and and a secondary listing on the AltX of the JSE.


For further information please contact:

JSE sponsor
Java Capital                                 +27 11 722 3050


Company Secretary
Intercontinental Trust Limited               +230 403 0800

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