Results of General Meeting PSG Group Limited (Incorporated in the Republic of South Africa) Registration number: 1970/008484/06 Share code: PSG ISIN code: ZAE000013017 (“PSG” or “the Company”) RESULTS OF GENERAL MEETING 1. RESULTS Shareholders are hereby advised that at the general meeting of the Company held at 10:00 today, 13 November 2014, at the Grand Ballroom, Asara Wine Estate & Hotel, Polkadraai Road, Stellenbosch (“General Meeting”), all of the resolutions were passed by the requisite majority of PSG shareholders. The detailed voting results of the General Meeting are set out below: Votes for as a Votes against Number of Number of Number of percentage of as a percentage shares voted at shares voted as shares total number of of total number the General a percentage of abstained as a shares voted of shares voted Meeting (%) votes percentage of (%) (%) * exercisable (%) votes ** exercisable (%) *** Special 100.00 - 145 367 504 75.61 0.03 Resolution Number 1: Approval of the Thembeka Specific Repurchase in terms of section 48(8), as read with sections 114 and 115 of the Companies Act Special 100.00 - 145 367 504 75.61 0.03 Resolution Number 2: Approval of the SBET Specific Repurchase in terms of section 48(8), as read with sections 114 and 115 of the Companies Act Ordinary 100.00 - 145 233 509 75.54 0.10 Resolution Number 1: Authorising the directors of the Company to implement the Special Resolutions, if passed Notes: * Rounded to two decimals, the number of votes against were less than 0.01% of the number of shares voted at the General Meeting. ** The number of shares voted as a percentage of the total number of shares in issue were 66.42% (Special Resolutions Number 1 and 2) and 66.36% (Ordinary Resolution Number 1). *** The number of shares abstained as a percentage of the total number of shares in issue were 0.03% (Special Resolutions Number 1 and 2) and 0.09% (Ordinary Resolution Number 1). 2. RESULTS OF THE THEMBEKA CAPITAL (RF) LIMITED (“Thembeka”) GENERAL MEETING PSG and Thembeka shareholders are hereby advised that at the general meeting of Thembeka held at 10:30 today, 13 November 2014, at the Grand Ballroom, Asara Wine Estate & Hotel, Polkadraai Road, Stellenbosch, all of the resolutions were passed by the requisite majority of Thembeka shareholders. An announcement pertaining to the Thembeka general meeting is available on Thembeka’s website at www.thembekacapital.com from today, 13 November 2014. Should all remaining conditions precedent be fulfilled, the Thembeka unwinding is expected to be implemented during January 2015. 13 November 2014 Stellenbosch Transaction adviser and sponsor: PSG Capital Proprietary Limited Date: 13/11/2014 04:02:00 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.