VALUE GROUP LIMITED - Results of AGM

Value Group Limited
(Incorporated in the Republic of South Africa)
Registration number: 1997/002203/06
Share code: VLE
ISIN code: ZAE000016507
('Value' or 'the company')

RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that, at the annual general meeting of Value held on 14 October 2014, all
resolutions as set out in the notice of the annual general meeting were passed by the requisite
majority of members. In this regard, Value confirms the voting statistics from the AGM were as
follows:


                                                                               %             Number
 Total number of shares that could be voted at meeting                         100%          209 056 396
 Total number of shares present/represented including proxies at the meeting   83,82%        175 238 541
 Total number of members present                                                             9





                                            Votes in          %           Votes          %       Abstentio
                                             favour                      against                    ns
Ordinary Resolution Number 1:
Re-election of non-executive directors:

1.1. V.M. Mcobothi                          170 383 031       100%                 0         0     326 500
1.2. N.M Phosa                              170 383 031       100%                 0         0     326 500
Ordinary Resolution Number 2:
Appointment of members to the Audit
and Risk Committee:

2.1 V.M. Mcobothi                           171 033 031       100%               0          0      326 500
2.2 I.M. Groves                             164 050 515     95.92%       6 982 516      4.08%      326 500
2.3 C.D. Stein                              164 050 515     95.92%       6 982 516      4.08%      326 500
Ordinary Resolution Number 3:

Re-appointment of auditors                  170 433 031       100%                 0         0     326 500
Ordinary Resolution Number 4:

Approval of the Remuneration Policy         158 757 449     93.01%      11 925 582      6.99%      676 500
Ordinary Resolution Number 5:
Authority of directors to allot and issue

unissued ordinary shares                    141 981 303     83.18%      28 699 728      16.81%     378 500
Ordinary Resolution Number 6:
Authority of directors to allot and issue

shares for cash                             150 189 328     87.97%      20 541 703      12.03%     628 500
Ordinary Resolution Number 7:

Approval of signing authority               168 683 031       100%                 0         0     176 500
Special Resolution Number 1:

General authority to repurchase shares      167 223 997     99.31%       1 159 034      0.69%      576 500
Special Resolution Number 2:
Approval of the remuneration of non-

executive directors                         158 847 871     94.17%       9 835 160      5.83%      826 500


For and on behalf of the Board

Johannesburg
15 October 2014

Sponsor
Investec Bank Ltd


Date: 15/10/2014 04:15:00 Supplied by www.sharenet.co.za                     
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