Results of General Meeting LABAT AFRICA LIMITED Incorporated in the Republic of South Africa (Registration number 1986/001616/06) JSE code: LAB ISIN: ZAE000018354 (“Labat” or “the company” or “the group”) RESULTS OF ANNUAL GENERAL MEETING (“AGM”) Further to the announcement released on SENS on 23 September 2014, shareholders are advised that at the general meeting of Labat held on 28 November 2014, convened in terms of the notice of general meeting contained in the Annual Report, the voting information is as follows: Number of ordinary shares represented at the meeting 149 054 405 Total issued number of ordinary shares 259 202 297 Percentage of ordinary shares represented at the meeting 58% The resolutions proposed at the general meeting, together with the percentage of votes carried for and against each resolution, are set out below: For Against: Abstain Total Resolution proposed % % % shares voted Ordinary resolution number 1: 148 951 405 - 103 000 Approval of financial statements 100% - 0.07% 149 054 405 Ordinary resolution number 2: 148 951 405 - 103 000 149 054 405 Re-appointment of auditors 100% - 0.07% Ordinary resolution number 3: 148 931 515 19 890 103 000 Director retirement and re-election 99.99% 0.01% 0.07% 149 054 405 Ordinary resolution number 4: 148 931 515 19 890 103 000 Director retirement and re-election 99.99% 0.01% 0.07% 149 054 405 Ordinary resolution number 5: 110 036 515 - - Director appointment 100% - - 110 036 515 Ordinary resolution number 6: 148 931 515 19 890 103 000 Re-appointment of Audit committee 99.99% 0.01% 0.07% 149 054 405 members Ordinary Resolution 7: 148 931 515 19 890 103 000 Appointment of Audit committee 99.99% 0.01% 0.07% 149 054 405 members Ordinary Resolution 8: 148 951 405 - 103 000 Approval of remuneration policy 100% - 0.07% 149 054 405 Ordinary Resolution 9: 148 931 515 19 890 103 000 149 054 405 Approval to issue ordinary shares for cash 99.99% 0.01% 0.07% Special Resolution 1: 148 951 405 - 103 000 149 054 405 Non-executive Directors Remuneration 100% - 0.07% Special Resolution 2: 148 951 405 - 103 000 149 054 405 General Authority to enter into funding 100% - 0.07% agreements, provide loans or other financial assistance Special Resolution 3: General authority to 148 951 405 - 103 000 149 054 405 repurchase the company’s securities 100% - 0.07% By order of the board. Johannesburg 1 December 2014 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 01/12/2014 03:16:00 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.