Results Of The Annual General Meeting KAP INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1978/000181/06) Share code: KAP ISIN: ZAE000171963 (“KAP” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held at 12:30 today, 18 November 2014, at 28 Sixth Street, Wynberg, Sandton 2090 (“AGM”), all of the resolutions proposed were passed by the requisite majority of KAP shareholders. The detailed voting results of the AGM are set out below: Votes for Votes Number of Number of Shares resolution against shares voted shares voted at abstained as (%) * resolution at the AGM the AGM as a a percentage (%) * percentage (%) (%) of shares of shares in in issue issue Ordinary resolution 100% 0% 2 170 790 038 92.52% 0.0% number 1 Re-appointment of external auditor Special resolution 100% 0% 2 170 790 038 92.52% 0.0% number 1 Approval of fees payable to non-executive directors Ordinary resolution number 2 Re-election of directors retiring by rotation: 2.1 J d Vos du Toit 100% 0% 2 170 790 038 92.52% 0.0% 2.2 A B la Grange 99.99854% 0.00146% 2 170 790 038 92.52% 0.0% 2.3 C J H van Niekerk 99.99854% 0.00146% 2 170 790 038 92.52% 0.0% Ordinary resolution number 3 Re-election of members of the audit and risk committee: 3.1 S H Müller 100% 0% 2 170 790 038 92.52% 0.0% 3.2 S H Nomvete 100% 0% 2 170 790 038 92.52% 0.0% 3.3 P K Quarmby 100% 0% 2 170 790 038 92.52% 0.0% Ordinary resolution 64.33172% 35.66828% 2 170 790 038 92.52% 0.0% number 4 General authority over unissued shares Ordinary resolution 94.36864% 5.63136% 2 170 790 038 92.52% 0.0% number 5 Placing of shares under the control of the directors for purposes of the Company’s share scheme. Special resolution number 2 90.80701% 9.19299% 2 170 790 038 92.52% 0.0% General authority to repurchase issued shares. Ordinary resolution 100% 0% 2 170 790 038 92.52% 0.0% number 6 General authority to distribute share capital and/or reserves. Special resolution 100% 0% 2 170 790 038 92.52% 0.0% number 3 General authority to provide financial assistance to related and/ or inter-related companies Non-binding ordinary 90.78377% 9.21623% 2 170 790 038 92.52% 0.0% resolution number 7 Endorsement of the company’s remuneration policy. Ordinary resolution number 8 NOTE: This resolution was withdrawn. N/a N/a N/a N/a N/a General authority to create and issue convertible instruments Note * - In relation to the total number of shares voted at the AGM Cape Town 18 November 2014 Sponsor PSG Capital Date: 18/11/2014 05:12:00 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.