Results of General Meeting Amalgamated Electronic Corporation Limited ("Amecor" or "the Company") (Incorporated in the Republic of South Africa) (Registration number 1997/010036/06) Share code: AER ISIN: ZAE000070587 RESULTS OF GENERAL MEETING 1. INTRODUCTION Amecor shareholders (“Shareholders”) are referred to the announcements published by the Company on 30 June 2014 and 15 August 2014, as well as the circular issued to Shareholders on 28 August 2014 regarding the proposed disposal of Amecor’s 79% interest in Secequip Proprietary Limited to Secequip Supplies Proprietary Limited (“Transaction”). 2. RESULTS OF GENERAL MEETING Shareholders are advised that at the General meeting of the Company held today, 29 September 2014, all of the resolutions required to give effect to the Transaction as set out in the notice convening the General meetings incorporated in the Circular were passed by the requisite majority of shareholders without modification. 3. CONDITIONS PRECEDENT As the last condition precedent (approval by the majority of shareholders in the general meeting) has been fulfilled, the agreements relating to the Transaction have become unconditional in accordance with their terms. Johannesburg 29 September 2014 Corporate Advisor Integrated Capital Management Proprietary Limited Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Joint Legal Advisors Read Hope Phillips Attorneys and Ararat Corporate Advisory Services Date: 29/09/2014 04:00:00 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.