Approval of resolutions proposed in terms of section 60 of the companies act CONVERGENET HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 1998/015580/06) Share code: CVN ISIN: ZAE000182440 (the “Company”) APPROVAL OF RESOLUTIONS PROPOSED IN TERMS OF SECTION 60 OF THE COMPANIES ACT NO. 71 OF 2008, AS AMENDED (the “Companies Act”) Shareholders are referred to the announcement released on SENS on 30 October 2014 (the “Announcement”) regarding the proposed special and ordinary resolutions providing for: - an amendment to the Company’s Memorandum of Incorporation, as detailed in the Notice dispatched to shareholders on 30 October 2014; and - an increase in the Company’s authorised ordinary share capital of 200 000 000 ordinary shares of no par value to 1 000 000 000 ordinary shares of no par value by the creation of an additional 800 000 000 ordinary shares of no par value. All terms defined in the Announcement shall bear the same meaning in this announcement. Shareholders are hereby advised that the Company has, to date, received written consents from shareholders entitled to exercise their voting rights in respect of the Resolutions and holding in aggregate 79 519 794 shares, representing 78.77% of the total issued share capital of the Company. The Resolutions, together with the percentage of shares voted or abstained as well as the percentage of votes carried for and against each Resolution are detailed below: Special Resolution Number 1: Amendment to Memorandum of Incorporation % of total issued Number of shares share capital Shares voted 79 519 794 78.77% Shares abstained 0 0% Votes for 79 519 794 78.77% Votes against 0 0% Special Resolution Number 2: Increase in Authorised Share Capital % of total issued Number of shares share capital Shares voted 79 519 794 78.77% Shares abstained 0 0% Votes for 79 519 794 78.77% Votes against 0 0% Ordinary Resolution Number 1: Enabling Resolution % of total issued Number of shares share capital Shares voted 79 519 794 78.77% Shares abstained 0 0% Votes for 79 519 794 78.77% Votes against 0 0% Accordingly, the Resolutions are regarded as having been adopted by the Company in terms of section 60(2) of the Companies Act. The special resolutions referred to in the Notice will now be submitted to CIPC and shareholders will be advised once confirmation of filing has been received. 18 November 2014 Rosebank Sponsor: AfrAsia Corporate Finance Proprietary Limited Date: 18/11/2014 11:10:00 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.