BRAIT SE - RESULTS OF ANNUAL GENERAL MEETING (AGM) AND EXTRAORDINARY GENERAL MEETING (EGM)

RESULTS OF ANNUAL GENERAL MEETING (AGM) AND EXTRAORDINARY GENERAL MEETING (EGM)

BRAIT SE
(Registered in Malta as a European Company)
(Registration No.SE1)
Share code: BAT & ISIN: LU0011857645
(Brait or the Company)

RESULTS OF ANNUAL GENERAL MEETING (AGM) AND EXTRAORDINARY GENERAL
MEETING (EGM)

Further to the announcements released on SENS on 22 June 2012 and
3 July 2012, shareholders are advised that at the AGM and EGM of
the Company held today 25 July 2012 all the resolutions were
passed by the requisite majority of votes.

The resolutions 1 to 8 contained in the notice of AGM, which
formed part of the annual financial statements for the year ended
31 March 2012, distributed to shareholders, on 3 July 2012, dealt
with the following matters:

1.   Approval of the Audited Accounts;
2.   Re-election of Directors;
3.   Appointment of Auditors;
4.   Amendments to the Memorandum and Articles of Association to
     regulate bonus share issues;
5.   Amendments to the Memorandum and Articles of Association to
     allow for the posting of notices by normal post;
6.   Approval of the Bonus Share Issue and Cash Dividend;
7.   General authority to the Company to purchase its own shares
     subject to various limitations; and
8.   General authority to the Board of Directors’ to issue
     ordinary shares and withdraw statutory pre-emption rights.

The resolutions 1 to 3 contained in the notice of EGM, distributed
to shareholders on 3 July 2012, dealt with the following matters:

1.   Amendments to the Memorandum and Articles of Association of
     the Company for the creation of the Preference Shares;
2.   Authority to issue the Preference Shares;
3.   Waiver of pre-emption rights; and
4.   General authority to the Directors to make further issues of
     Preference Shares and to restrict pre-emption rights.

Shareholders are advised that due to an oversight in the type-
setting of the circular to shareholders for the EGM, the dates in
clauses 9.4.2 and 9.4.3 of the revised Memorandum and Articles of
Association pursuant to resolution 1 at the EGM are respectively
31 December 2512 and 1 January 2513 rather than 31 December 2012
and 1 January 2013. These errors were resolved at the EGM.

Malta
25 July 2012

Merchant bank and sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

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