Results of annual general meeting and Resignation of directors Italtile Limited Incorporated in the Republic of South Africa (Registration number: 1955/000558/06) Share code: ITE ISIN: ZAE000099123 (“Italtile” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING AND RESIGNATION OF DIRECTORS Shareholders are advised that, at the annual general meeting of Italtile held today, all the resolutions as set out in the notice of the annual general meeting were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 705 683 826, representing 68.29% of the total issued share capital of the same class of Italtile shares. The number of shares which abstained from voting was 36 000, representing 0.003% of the total issued share capital of the same class of Italtile shares. The resolutions proposed at the meeting, together with the percentage of shares abstained, as well as the percentage of votes carried for and against each resolution, are set out below: % of votes carried for % of votes against Resolution the resolution the resolution To re-elect S M du Toit as a director 100 - To re-elect A Zannoni as a director 100 - To confirm appointment of N Medupe as a director 100 - To confirm appointment of N Booth as a director 100 - To confirm appointment of J N Potgieter as a director 100 - To confirm appointment of G A M Ravazzotti as non-executive Chairman 100 - To reappoint Ernst & Young Inc. as auditors and Sarel Strydom as designated auditor 100 - To appoint S M du Toit, S I Gama and S G Pretorius as members of the Audit and Risk Committee 99.17 0.83 To approve the Company’s remuneration policy 95.93 4.07 To place the unissued shares of the Company under the control of the directors 86.29 13.71 To issue shares or sell treasury shares for cash 86.70 13.30 Special resolution number 1: Acquisition of own securities 96 4 Special resolution number 2: Financial assistance to related and inter-related entities 100 - Special resolution number 3: Approval of non-executive directors’ remuneration 100 - Special resolution number 4: Amendments to the Employee Share Incentive Scheme 100 - To authorise the signature of documentation to implement above resolutions 100 - Furthermore, in compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of Italtile (“the Board”) hereby notifies its shareholders that Mr Pierre Langenhoven has resigned as an executive director of the Board and that Mr Peter Swatton has resigned as a non-executive director of the Board and member of the Social and Ethics Committee, with immediate effect. The Board thanks Mr Langenhoven and Mr Swatton for their contribution to the Company and wishes them well in their future endeavours. Ms Ndumi Medupe, an independent non-executive director of the Board, has been appointed as a member of the Audit and Risk Committee with immediate effect. Johannesburg 28 November 2014 Sponsor Merchantec Capital Date: 28/11/2014 05:03:00 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.