DORBYL LIMITED - Results of the ordinary resolution pertaining to an increase in the borrowing powers of Dorbyl

Results of the ordinary resolution pertaining to an increase in the borrowing powers of Dorbyl

DORBYL LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1911/001510/06
Share code: DLV ISIN: ZAE000002184
("Dorbyl" or "the Company")


RESULTS OF THE ORDINARY RESOLUTION PERTAINING TO AN INCREASE IN THE
BORROWING POWERS OF DORBYL

Ordinary shareholders are referred to the announcement released
through SENS and the notice posted to ordinary shareholders on 
24 June 2013 regarding an ordinary resolution proposed by the board
of directors of Dorbyl in terms of section 60 of the Companies Act,
2008, as amended (“Section 60 Notice”). As announced, the Section 60
Notice (which proposed an increase in the borrowing powers of the 
Company) provided for a 20 business day period during which ordinary
shareholders were entitled to vote on the proposed ordinary resolution
and which period expired on 30 July 2013 (“Closing Date”).

Accordingly, ordinary shareholders are advised that, as at the Closing
Date, the ordinary resolution was approved by a majority of 56.2% of the
total votes received in response to the Section 60 Notice. Therefore, 
the said ordinary resolution has been adopted by the requisite majority 
of shareholders and, consequently, the Company’s borrowing powers have 
been increased as set out in the Section 60 Notice.


Johannesburg
31 July 2013

Sponsor:   PSG Capital Proprietary Limited

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