Results of general meeting PUTPROP LIMITED Incorporated in the Republic of South Africa (Registration number 1988/001085/06) Share code: PPR ISIN: ZAE000072310 (“Putprop” or “the Company”) RESULTS OF GENERAL MEETING Shareholders are advised that, at the general meeting of Putprop held today, all the resolutions as set out in the notice of general meeting were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 20 202 248, representing 70.16% of the total issued share capital of the same class of Putprop shares. There were no shares which abstained from voting at the meeting. 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 Special Resolution Number 1 Conversion of the ordinary shares in the Company’s 100 - authorised share capital from par value shares to shares of no par value Special Resolution Number 2 Increase in the authorised no par value share capital 85.819 14.181 of the Company Special Resolution Number 3 Amendments to the Memorandum of Incorporation of 99.998 0.002 the Company Special Resolution Number 4 Approval to issue Putprop Shares in terms of section 85.819 14.181 41(3) of the Companies Act, 2008 Ordinary Resolution Number 1 Authority granted to directors 100 - The special resolutions will be lodged for registration at the Companies and Intellectual Property Commission in due course. Johannesburg 28 November 2014 Sponsor Merchantec Capital Date: 28/11/2014 05:04:00 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.