Results of AGM BOWLER METCALF LIMITED (Registration number 1972/005921/06) Share code: BCF ISIN number: ZAE0000308797 (“Bowler Metcalf” or “the company”) RESULTS OF AGM The board of directors is pleased to announce the results of the AGM held yesterday, Wednesday 3rd December 2014. Total issued number of ordinary shares: 88 428 066 Number of ordinary shares represented at the meeting: 59 832 121 Percent of ordinary shares represented at the meeting: 67.7% 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 shares Resolution % % voted Ordinary resolution No 1: Approval of annual financial statements 100 0 0 59 679 106 Ordinary resolution No 2: Endorsement of directors remuneration policy 68 18 14 59 679 106 Ordinary resolution No 3: Re-Election of director - Michael Brain 100 0 0 59 679 106 Ordinary resolution No 4: Re-Election of director – Sarah Gillett 100 0 0 59 679 106 Ordinary resolution No 5: Unissued shares under control of the directors 43 56 1 59 679 106 Ordinary resolution No 6: Director’s authority to negotiate and sign. 100 0 0 59 679 106 Ordinary resolution No 7: Reappointment of auditors 100 0 0 59 679 106 Ordinary resolution No 8.1: Re-Election of Audit and Risk Committee member – Craig MacGillivray 100 0 0 59 679 106 Ordinary resolution No 8.2: Re-Election of Audit and Risk Committee member – Brian Frost 100 0 0 59 679 106 Ordinary resolution No 8.3: Re-Election of Audit and Risk Committee member - Sarah Gillett 100 0 0 59 679 106 Special resolution No 1: General authority to repurchase shares 100 0 0 59 679 106 Special resolution No 2: Provision of financial assistance 100 0 0 59 679 106 Special resolution No 3: Non-executive directors fees 100 0 0 59 679 106 Cape Town 5 December 2014 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 05/12/2014 09:15:00 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.