Notification of results of meeting of creditors and the proposed business rescue plan Sanyati Holdings Limited Incorporated in the Republic of South Africa Registration number: 1988/002538/06 Share code: SAN ISIN code: ZAE000081055 (“Sanyati” or “the Company”) Notification of results of meeting of creditors to consider the future of the company and the proposed business rescue plan 1. Introduction Shareholders are referred to the SENS announcement of Wednesday, 18 July 2012 where the rationale and benefits of the proposed business rescue plan (“the Plan”) were highlighted. The Plan was published on the Company web site, www.sanyati.co.za On 25 July 2012 at 14h00 at KPMG Crescent, 85 Empire Road, Parktown the duly appointed business rescue practitioner, Trevor Murgatroyd ("the Practitioner") convened the meeting of creditors to determine the future of the Company and consider the plan in terms of sections 151 and 152 of the Companies Act 71 of 2008 ("the Act"). The main asset of the Company is its loan account to its main operating subsidiary, Sanyati Civil Engineering and Construction (Pty) Ltd (“SCEC”) amounting to R410m. SCEC has been placed in liquidation. The proposed Plan therefore related to the continuing operation of the Company and not the subsidiary. 2. Results of meeting The total voting interests present at the meeting in person and/or by proxy amounted to R281,591,997. Ninety six percent (96%) of the total voting interests present and/or by proxy at the meeting voted against the adoption of the Plan and the proposals made therein. According to section 153 (1) the Practitioner sought a vote of approval to prepare and publish a revised plan. As the Plan had been rejected and there was no interest in a revised Plan, Section 153 (5) states that “ ... the Practitioner must promptly file a notice of the termination of the business rescue proceedings” Pursuant to the obligation arising from Section 153 (5), the Practitioner is taking the necessary steps to terminate business rescue proceedings. Bryanston 26 July 2012 Sponsor KPMG Services (Pty) Ltd Date: 26/07/2012 12:00:00 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.