MUVONI TECHNOLOGY GROUP LTD - Results of the section 114 scheme of arrangement meeting

Results of the section 114 scheme of arrangement meeting

Muvoni Technology Group Limited
(formerly known as “Ideco Group Limited”)
Incorporated in the Republic of South Africa
Registration number 2001/023463/06
Share code: MTG
ISIN code: ZAE000167268
("Muvoni” or the “Company")

RESULTS OF THE SECTION 114 SCHEME OF ARRANGEMENT MEETING

The board of directors of the Company is pleased to announce that at the scheme
meeting of the Company held today, 14 June 2013, all the ordinary and special
resolutions tabled in the notice of the scheme meeting (“the Resolutions”), which
notice was included and posted to shareholders as part of the scheme circular
dated 14 May 2013, were approved by the shareholders of the Company, present
or represented by proxy. In excess of 99,76% of scheme members voted in
favour of the Resolutions.

Rosebank
14 June 2013
Transactional Designated Advisor to Muvoni: PSG Capital
Legal advisor to Muvoni: ENS
Corporate Advisor to Muvoni: DEA-RU

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