AFRICAN BANK INVESTMENTS LIMITED - Report on proceedings at the general meeting of African Bank Investments Limited

Report on proceedings at the general meeting of African Bank Investments Limited

African Bank Investments Limited
(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
Ordinary share code: ABL ISIN: ZAE000030060
Preference share code: ABLP ISIN: ZAE000065215

REPORT ON PROCEEDINGS   AT    THE    GENERAL   MEETING   OF   AFRICAN   BANK
INVESTMENTS LIMITED

At the General Meeting of the shareholders of African Bank
Investments Limited held today, 16 September 2013 at 11h00 (“the
general meeting”), all the resolutions proposed at the general
meeting were approved with the following approvals, stated as a
percentage of the total number of votes cast.

Special Resolution No. 1 – Increase of Authorised Share Capital –
further Ordinary Shares – 99.99%
Special Resolution No. 2 – Amendments to the Memorandum of
Incorporation – 99.99%
Special Resolution No. 3 – Approval in terms of section 41(1) and
41(3) of the Companies Act for the issue of further Ordinary
Shares – 99.51%
Special Resolution No. 4 - Specific authority to provide financial
assistance to the BEE Companies – 93.41%

Ordinary Resolution No.   1   –     Directors’   authority    to   implement
resolutions – 100.00%

A total of 66.14% of all shares entitled to vote were voted either
by proxy or at the general meeting.

The special resolutions will be lodged for registration with the
Companies and Intellectual Property Commission in due course.

Midrand
16 September 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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