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NT1 - Net 1 UEPS Technologies, Inc. - Results of Net1 November 29, 2011

Release Date: 30/11/2011 09:54
Code(s): NT1
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NT1 - Net 1 UEPS Technologies, Inc. - Results of Net1 November 29, 2011 Annual General Meeting Net 1 UEPS Technologies, Inc. Registered in the state of Florida, USA (IRS Employer Identification No. 98-0171860) Nasdaq share code: UEPS JSE share code: NT1 ISIN: US64107N2062 ("Net1" or "the Company") Results of Net1 November 29, 2011 Annual General Meeting The annual meeting of shareholders of Net1 was held on November 29, 2011. Proposal No. 1-Election of Directors All director nominees were elected and the votes cast were as follows: Director Votes for Broker Votes non-votes withheld
Antony C. Ball 32,440,025 957,645 5,999,143 Dr. Serge C.P. Belamant 32,734,841 662,829 5,999,143 Paul Edwards 32,440,025 957,645 5,999,143 Herman G. Kotze 32,411,528 986,142 5,999,143 Alasdair J.K. Pein 32,439,425 958,245 5,999,143 Christopher S. Seabrooke 26,785,559 6,612,111 5,999,143 Tom C. Tinsley 32,439,625 958,045 5,999,143 Proposal No. 2-Ratification of Selection of Independent Registered Public Accounting Firm The ratification of the selection of Deloitte & Touche (South Africa) as the Company`s independent registered public accounting firm for the fiscal year ending June 30, 2012, was approved and the votes cast were as follows: Votes cast For Against Abstain 39,231,391 160,049 5,373 Proposal No. 3-A Non-Binding Advisory Vote Regarding Executive Compensation The compensation of the Company`s named executive officers was approved, on an advisory basis, and the votes cast were as follows: Votes cast For Against Abstain Broker non-votes 33,014,831 321,960 60,879 5,999,143 Proposal No. 4-A Non-Binding Advisory Vote Regarding Whether an Advisory Vote on Executive Compensation Will Occur Every One, Two or Three Years The votes cast on this proposal were as follows: Votes cast Every year Every Every three Abstain Broker non-votes two years years
32,677,184 28,129 630,128 62,229 5,999,143 The Company will hold future advisory votes on executive compensation every year. Johannesburg 30 November 2011 Sponsor: Deutsche Securities (SA) (Proprietary) Limited Date: 30/11/2011 09:54:30 Supplied by www.sharenet.co.za 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.

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